#本轮牛市周期预期

Tuesday, Bitcoin and Ethereum Afternoon Perspective Analysis 🥱🥱🥱

Recently, there have been continuous hints that the bulls are brewing for an outbreak. The price surged strongly upwards yesterday, with an intraday increase of over 3000 points, breaking through the resistance of 100,000, and the bullish sentiment has started to warm up.

The intraday trend once again broke upwards, with the price testing the 103,000 mark as expected. The current price is consolidating around 102,000. If it can stabilize, the intraday increase is expected to continue.

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From a technical structure perspective, on the 4-hour level, after a large upward movement, it maintains a high-level consolidation. The retracement space appears weak, with bullish momentum maintaining a growing arrangement. The moving averages are rising in a winding manner, recovering and stabilizing. In the short term, it is consolidating with oscillations, correcting in a sideways manner. The bulls are not backing down, and the trend is leaning towards bullish during the recovery process, with the potential for further upward momentum.

The operational suggestion is to buy on a retracement in the 101,000-101,500 area, targeting 103,000-104,000. For Ethereum, buy synchronously, targeting around 3,800.

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