#比特币走势观察 #加密市场反弹
Bitcoin is in sync with Ethereum!! Retracement to the 0.618 golden ratio
First, let's talk about Bitcoin. A few days ago, I mentioned that Bitcoin was heading to 101000 to complete a 1.13 bat pattern. Tonight, with the stimulation from news, it surged straight to the target, peaking at 102440. Currently, from the highest point of 108360 to the lowest point of 91500, after the oscillating decline is completed, it rebounded to the 0.618 golden position, where there is strong resistance. Currently, I still have a bullish outlook in the short term. If it breaks through 104700, then it is very likely to reach 110500. It's not easy to short or long right now; we are at an important turning point, so be cautious with trades!
Ethereum has broken through a triangle continuation pattern on the 4-hour level. It seems to have reached the target, which happens to be the 0.618 golden ratio. It's rare for it to synchronize with Bitcoin. If it holds here, altcoins will likely take off again!