Latest Cryptocurrency Market Dynamics:
The morning market shows a steady upward trend. From recent trend analysis, cryptocurrency prices have experienced four rounds of decline, but all exhibit characteristics of an upward oscillating triangle. Key resistance levels continue to exist above, while the lower points gradually rise, presenting an overall pattern of oscillating upward. This indicates that the price center is continuously moving upward, and breaking through important resistance is merely a matter of time.
In fact, after successfully breaking through key resistance, cryptocurrency prices quickly initiated a strong upward movement. The current market faces pressure from news, and the rebound process inevitably experiences short-term volatility adjustments. Such oscillating fluctuations are a normal phenomenon in the market; the increase is not a one-sided linear rise. From a technical perspective, it is still in a one-sided upward trend. Before there is a significant surge followed by a drop that breaks the mid-track, this slow upward squeeze may continue. Combining indicators to create new highs, short-term operations are advised to focus on low positions, complemented by counter-trading during peaks to achieve an oscillating upward strategy.
Bitcoin target range 95500-98000, Ethereum target range 3620-3750. Investors may pay appropriate attention. #山寨币走势展望 #美PCE年率创半年来最大增幅