Time flies, and it is already Thursday. The market last night still leaned towards oscillation as the main trend. There was not much significant fluctuation. However, accompanied by a continuous rise in the low points, the current coin price is running near the 99000 mark. On the Ethereum side, last night it touched the 3547 line under pressure and gave a quick pullback, with the market also oscillating but the coin price gradually decreasing.
Currently, Bitcoin is still maintaining a high-level consolidation. The outlook remains unchanged as previously mentioned, continuing to look upward. From a technical perspective, it can be confirmed that the current pullback is not a reversal; the support at 97500 has also held strong. The chances of a downtrend in the short term are low. At the same time, from a macro perspective, the conditions for a pullback are not yet in place, and the strength of the bulls is still very apparent. On Thursday morning, we continue to participate in low buys.
Operation suggestions:
Buy Bitcoin at 98000-98500, target 100000.
Buy Ethereum near 3450, target 3550.
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