Today's price comparison reached a high of 99950 in the morning before facing pressure and retreating. It is just one step away from the 100,000 mark, just a breath away. Currently, the price comparison has already begun to pull back and consolidate around the 98000 mark. However, it is clear that the force of the pullback is not very strong. Ethereum rose to the 3547 line last night before starting to oscillate and retrace, with the lows continuously moving downwards.
The current pattern suggests a high probability of rising, but there is still a possibility of a decline. Therefore, it is necessary to pay attention to the support situation of the trend line below and observe whether the pattern can be completed. If it breaks below the trend line, the pattern will be invalidated, and the view will shift to short-term adjustments, operating based on the short-term rising trend line while continuously raising the lows, focusing on rebound opportunities. In the afternoon, we will still participate with low long positions.
Operational suggestions
Buy Bitcoin around 97500 Target 100000
Buy Ethereum around 3420 Target 3500
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