The second high of Bitcoin and Ethereum did not break the previous high. Can the bulls continue to maintain the upward momentum?

The long orders we shared in the morning have been completed and are still being held! From the perspective of Ethereum, the key position of 3120 failed to stabilize during the day, and the price fell in a short period of time. The bottom short-term support of 3060 was also broken during the day's decline, and the bullish momentum was continued to a certain extent!

From the initial point of view of Bitcoin, there is still a relatively strong suppression near 67500 above. After reaching the upper side, the price has a certain stagflation. The current price is gradually falling.

So overall, the MA30 moving average of Bitcoin and Ethereum, which has repeatedly supported the upward price at the four-hour level, is a point we can continue to pay attention to. It can be noted that this moving average has continued to support the upward price throughout the day, and the price has been supported here for many times and then rose!

So many friends who have entered the market can continue to hold, and we still maintain the target unchanged. Friends who have not entered the market can also successfully give the opportunity to enter the market during the decline at this time!

For Bitcoin, we still need 500 points of defense to continue to look up, and for Ethereum, 40 points of defense is enough!