The market from midnight to now is also quite regrettable. The market has risen all the way up to around 108,000, while our aunt's short positions have also swept 90 points of space. Although there have been some small fluctuations, the mindset has not been affected. Currently, Bitcoin is once again oscillating around 106,000, while Ethereum is running around 3,980. If today's midnight sweep is a warning to me, then I will be more composed in my upcoming arrangements and seize opportunities! #BTC☀ #ETH🔥🔥🔥🔥
From the current overall structure of the market, the price ratio has tested a high and then pulled back, and after a second test of the 105,500 support, it has given a rebound. It has now entered a rhythm of oscillation. We can see that after the pullback, the bulls have quickly provided a slight rebound. Although we are currently in an oscillating run, multiple declines have not given another entity breakthrough, and subsequently, there is also a certain rebound space. Based on the previous shapes, the current oscillation can also be understood as a method for the bulls to build momentum, after all, the space above is still relatively ample. Even if we are going to arrange for long positions later, we still need to control the entry points well, relying on the support below to proceed.
Bitcoin is oscillating around 106,000-105,500, with a target looking at 108,000. Ethereum is oscillating around 3,970-3,950, with an expected target looking at 4,100.