Today's market hit a record high in the morning and then reached 106665, which began to fall under pressure. It is inevitable that it will fall after rising. It fell to 104245 at noon and began to rebound. We have been reminding everyone to enter the market boldly and go long. The bullish momentum has not been fully released. At present, the price ratio has ushered in a warming upward trend. Bitcoin is currently running around 105000. Ethereum strongly rose to 4024 in the morning and then was blocked and pressured to retreat. It has ushered in a warming trend. The most challenging thing for the long and short positions is a calm brain, not blindly or head-on. The next million is you!
From the current market, we can see that the 104500 line has formed an effective support and is relatively strong. The correction in the afternoon did not exceed expectations. From the four-hour level line, the bulls are still strong and there is no sign of weakening, just like a wild horse. The price ratio is attached to the upper track of the Bollinger band and has been rising. There is no obvious resistance above. We are still optimistic about the bulls' performance in the future, but we should also pay attention to the retracement. Keep a clear mind at all times.
Operation suggestions
Buy Bitcoin at 104500-104700, target 106000
Buy Ethereum near 3940, target 4020
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