#比特币关键区间
Yesterday, Ice Sugar also mentioned that the Bitcoin correction is just to accommodate Ethereum's rebound. From the current trend, it exactly matches my prediction. The current market trend is evident for all to see, with Ethereum hitting a new high again while Bitcoin follows the rise. Looking at the Fibonacci retracement line (as shown), the trend has bottomed out, forming a deep 'V' reversal. In the future, Bitcoin is expected to keep rising! Friends who have followed Ice Sugar's strategy in the past few days have seen good returns on every trade. Today, you can continue to follow the operations for steady profits!
From the four-hour perspective, the recent price has fluctuated within the range of 96,000 to 97,000, forming a consolidation pattern. After a significant rise earlier, it is currently consolidating at a high level, and may face correction pressure in the short term. However, the MACD histogram is gradually shrinking, indicating that bearish strength is weakening, and a rebound is expected. At this time, the KDJ is turning upward, staying above 50, breaking through to above 70, indicating strong bullish momentum in the short term, with more room for growth!
Currently, the price is running above EMA7, with a short-term upward trend; however, it is nearing EMA30, which needs attention to see if it can effectively break through to confirm a stronger upward trend.
Recently, trading volume has decreased, indicating strong market wait-and-see sentiment. During the significant rise a few days ago, trading volume expanded significantly, showing characteristics of capital-driven movement.
The exchange rate of Ethereum compared to Bitcoin may hit a new low as Bitcoin breaks through the 100,000 mark, with valuation possibly dropping to the range of 0.031 or 0.032.
So, I firmly believe in breaking through 100k.