#美PCE年率创半年来最大增幅
Bitcoin surged in the early morning! 96500 is just the starting point, is 97200 within reach?
In the early morning, Bitcoin (BTC) took off and quickly reached 96500. This hourly upward momentum isn't finished yet, and I estimate it will go for that important level of 97200. If Bitcoin lingers around 97200, then tomorrow we need to keep an eye on the performance of other altcoins, especially the need to stabilize above 6500 points. Looking upwards, the resistance levels to watch are between 97200 and 98300.
If Bitcoin cannot hold 96500 tonight, the market may weaken, and a pullback is inevitable. At that time, we need to keep a close watch on the support levels below, which are 94800, 93800, and 92500; these three key points must be remembered. Once the market drops, altcoins may have a chance, especially the Ethereum series, which offers many opportunities.
Speaking of Ethereum (ETH), it's really strong. During yesterday's live broadcast, our brothers in the chat room tasted the sweetness; when Ethereum dropped to around 3300, we decisively bought the dip, and within a day it rebounded directly from 3400, 3500 to nearly 3600, even breaking through previous highs. So, everyone should understand that Ethereum is currently on a strong upward trend; don’t easily short it, buying on dips is the way to go. In the early morning hours, we need to watch the 3600 mark; as long as it doesn't drop below 3520, Ethereum will continue to push towards this mark. The resistance levels above are at 3600 to 3658.
If Ethereum falls below 3520 in the early morning, then it may need to pull back, and the support levels below are between 3423 and 3360. At that time, we should build positions in batches, buying on dips, as Ethereum is still bullish.
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