The current key price of BTC is $60,760, which is also the recent 4-hour average. If it can successfully break through and stabilize at this level, it means that market confidence is gradually recovering; otherwise, it may show that market sentiment is still depressed. At the same time, we should also pay attention to several important support points below: $60,000 and $58,000.
ETH is now priced at $3,374, which coincides with the middle line of the 4-hour Bollinger Band. If the price fails to successfully cross $3,500, it may mean that the current rebound is only short-lived. $3,125 is the next support point we need to pay close attention to.
This Friday, the market will welcome the release of an important data - the core PCE index. If the data is optimistic, it will undoubtedly bring more confidence to investors. In addition, don't forget that the University of Michigan's one-year inflation expectations data will be released at 10 pm on Friday. If the data is lower than expected, the overall market atmosphere may be more stable. #BTC
