Last night, Bitcoin continued to break upwards, with a strong unilateral rally of nearly 4000 points. Yesterday, Bitcoin's increase exceeded 8000 points, knowing that it was around 94500 in the early morning. Today, the highest point reached around 101800. With such a strong unilateral trend, Bitcoin in the morning should not break upwards; it should pull back to adjust the price comparison. The short position set at 101000 yesterday should continue to be held. If you can hold the position, you will reap the benefits. Currently, the price comparison is around 101200.
From the current market perspective, the continuous upward trend is quite strong, with bulls continuing to attack. The upper pressure level is clearly around 102000. The Bollinger Bands at the daily level are still pointing upwards, and the current K-line has broken the middle track, aiming for the 4-day high, which is very close, and it is highly likely to surge to the 5-day high. However, the MACD fast and slow lines continue to cross negatively, with a slight convergence at present, so it cannot be ruled out that bears are present. At this position, it is not recommended to chase long positions; instead, wait for a high short position to be tested. If the pullback support does not break, then consider entering long.
Bitcoin Strategy: Short near 100500, target 98000 Ethereum Strategy: Short near 3850, target 3750#加密市场反弹 $BTC $ETH
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