After a big market in the early morning today, the market has basically been in the stage of adjustment during the day, but we have always been optimistic about the market in the later period, and have been reminding everyone to take more at a low level. After forming support twice near 74,500 in the afternoon, the big cake is currently rebounding upward again. The bullish sentiment is still relatively strong, and there will not be a large correction in the short term, so the correction is to give more opportunities.
From the current trend, the big cake has once again stood above 75,000, and the hourly line is also a big positive line, breaking through the intraday range. At the same time, MACD has been returning to the zero axis, and the overall bullish pattern in the later period is still relatively obvious. It was said earlier that the K line formed support above the 30-day moving average at the hourly level, and it has been verified at present. So our direction remains unchanged in the evening, and we can continue to participate in low-long.
Bitcoin is around 74500 in the evening, and the target is around 77000; Ethereum is around 2780, and the target is around 2880$BTC $ETH