Good morning everyone, we continue to pay attention to the market trend: 👇🏻
After the recent few days of shock adjustment, Bitcoin has once again taken a volatile upward trend, until it broke through the 70,000 line again in the early morning, and is currently fluctuating around 69,000.
The four-hour K-line shows that the big cake retreated after a surge in the early morning, stepped back below the middle track of the Bollinger band, and then rebounded. The KDJ three-line advantage is flat, and the MACD two-line slowly runs downward. The bulls are relatively strong, indicating that there is still a trend of rushing up.
Although there is a short-term retracement at the one-hour K-line level, it does not affect the overall upward demand.
♦️Bitcoin: The short-term pressure of the big cake is around 70,300 and the support is at the 68,000 line;
♦️Ethereum: The short-term pressure of the two cakes is at 3850 and the support is at 3700
