#以太坊ETF批准预期 #BTC☀
After a slight pullback on Thursday, it continued to rise, testing the previous natural rebound high of 62,500 and then fell back. The closed K-line was exactly the same as Wednesday, indicating that the market is still in a state of bottom shock accumulation until there is a large-volume positive column breakthrough. However, no matter how it develops, even if it bottoms out again, the amplitude will not be too large. Whether in terms of space, position, or structure, it is currently at a relative bottom.
The daily level closed with alternating small K lines after panic selling. If there is no strong trend today If the price breaks through, the oscillation cycle may be extended to next week. In the near future, it is easy to see repeated long and short trends. The 60000 level is an important support level that needs to be paid attention to during the retracement, while the upper pressure is around 63200, the starting point of panic selling. If this level is engulfed, it will announce the entry into a strong market.
From the big structure, it is currently in the 4th wave retracement, and it is obviously the process of consolidating the bottom of the box in the upward trend. After the consolidation is completed, the 5th wave will rush to the top. From another perspective, the bull market-the first supply (since the 73777 peak and fall)-the rush to buy climax. The two coincide with each other, and the current funding rate is negative. Negative numbers in a bull market basically mean rebound signals. Too many people are shorting and panic selling has consumed most of the supply. The small structure has been paying attention to the descending resistance line yesterday. It was tested again in the evening but still did not break through, forming a bottom triangle consolidation process, but there is currently an expectation of accumulation and bullishness, so the price falling back is normal. If the small level stops falling, it is worth trying short-term, but the price needs to be higher than 60,600, and the rising high The point is the benign development of the bullish trend
In summary, the daily level is in the bottom of the box in the bull market, and the big structure is still the 4-wave correction and the initial supply stage. There will be an ultimate pull, so it is just the process of bottom accumulation at present, and the market is getting closer and closer to the bottom. The main trading is low and long!
Today, short-term long near 61500-61800, the target is 62500-62800,
If it breaks below 60500, pay attention to the support of 60000
