#BTC上攻11万 Bitcoin surged to 108,000. Has it peaked or will it continue to hit the 110,000 mark?
Bitcoin has been looking at new highs in the past few days. I have been emphasizing not to short in the past few days. I have not made a single short order for Bitcoin in the past few days. Until last night, the hourly level of Bitcoin showed a peak signal. I said that Bitcoin was going to fall back. Later, I made a short order. I reminded everyone when the price was 107,800. Now let's look at the intraday Bitcoin market. First of all, the daily level is still in the upward channel. The 109,000 pressure level above the new high last night was not broken. Next, it will fall back to the first support below and pay attention to the position of 102,500. The strong support below the upward channel is around 99,300.
Ethereum's current rise is purely following the weakness of Bitcoin. Recently, everyone should pay more attention to Ethereum. When Bitcoin was 101,000, Ethereum was more than 4,000. Now Bitcoin is 108,000 and Ethereum is still 4,000. If Ethereum continues to weaken, you can choose to wait and see. Ethereum will continue to wash the market. When Ethereum makes up for the rise, it will rise alone. If you encounter Ethereum's rise alone, it means that the rise is coming and you can just chase it. At present, the wash is expected to be needle-like.
Including some mainstream cottages are being sucked by Bitcoin. Only when Ethereum starts to make up for the rise can the cottage continue to fly. Don't worry that the bull will leave when Bitcoin starts to fall. Next, Bitcoin will rise and fall and continue to wash the market. Ethereum cottages will make up for the rise in the future. The bull will not leave. Those who hold Ethereum, including cottage spot, can continue to hold it.