Thursday also concluded, let's review Thursday's market. After the price of the coin retreated to a low of 92796 on Wednesday evening, it began to rise in a step-like manner. The bullish idea we provided yesterday afternoon and the short idea given during the evening's fluctuations were also validated as expected. After the price fluctuated in the evening, it retraced to 95910 and then rebounded. Currently, the price is still steadily rising. On the Ethereum side, Thursday's market also showed a unilateral upward trend. The evening peak touched 3511 but fell back. It is currently running around 3465.

From the hourly level, the Bollinger Bands are rising, adhering to the upper track and fluctuating upwards. During this period, several upward tests have not provided a good breakout, and the resistance above is strong with short-term demand for accumulation. The second round of highs in the evening is a good proof, combined with the four-hour level, the market shows strong upward stretching accompanied by minor downward retracements, which is very steady. The MACD two lines have crossed the zero axis and are running upwards, with sufficient bullish momentum and no reduction in volume. We will continue to maintain a low long participation in the future.

Operation Suggestions

Buy around 97000 for Bitcoin Target 98500

Buy around 3450 for Ethereum Target 3520

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