After the weekly K chart update on Monday, I personally predicted that Bitcoin would not break the support of the MA5 daily moving average during the pullback. The U.S. elections will welcome a new round of rebound. After the morning daily update, Bitcoin led the mainstream coins to break through the previous high pressure of 73700, rising to a maximum of about 75600. Currently, with this wave of bullish volume rise, the MACD and KDJ indicators are both leaning towards a bullish resonance upward trend. The 12-hour MACD indicator shows bullish volume attack, and the upper Bollinger Band is starting to open. Therefore, the current pullback is an opportunity to get in, with the initial high target set around 78000-80000.
Currently, on the 4-hour chart, the price has broken out and is operating near the upper Bollinger Band. In terms of indicators, the bulls are showing strong volume and rising. The moving averages are all in overbought territory. Combined with the short-term view, the day's market is biased towards a bullish resonance upward trend, and the short-term pullback strength won't be too great. For the daily trend, operations can mainly focus on buying during pullbacks. Specific operations should be based on real-time guidance.
Operation Suggestion for Bitcoin: Buy in batches at 73500-72500, Target: 75500-77500, with a spike aiming at 78000, Stop-loss: 72000.
Ethereum's recent performance has been quite poor, like an abandoned orphan, but it basically follows Bitcoin's price increase. The short-term resistance reference is in the range of 2680-2720. Only by stabilizing at the 2680-2720 strong resistance can Ethereum open the upward channel on the weekly K chart. In terms of operations,
Operation Suggestion: Ethereum: Buy at 2560-2520, Target: 2640-2680, with a spike aiming at 2720, Stop-loss: 2500.
For the short term, let's focus on this for now. We'll take it step by step and provide detailed analysis later ~#美国大选后涨或跌? #BTC创历史新高 #加密市场急升