Today the US elections concluded, and Trump has won again. This is also a significant positive news for the cryptocurrency market. As a result, Bitcoin has once again reached a historical high, briefly climbing above 75,000! After a strong rebound led by the bulls, the main market has gone through a round of adjustment. This can also be seen as the bulls gathering strength again in order to climb higher!
On the 4-hour level, the Bollinger Bands have formed an upward price channel! There are no signs of closing in the short term, and the MACD maintains continuous bullish momentum! On the hourly level, after a surge, a pullback has begun in the evening! However, considering the opening situation of the Bollinger Bands, this pullback will not go too deep, so we can still choose to enter long positions at the bottom during the pullback!
BTC: Around 73200—73700 multiple targets: 74800--75800 Risk control: 72700 ETH: Around 2580—2610 multiple targets: 2660—2690 Risk control: 2545
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