Driven by many positive news, the market continues to rise. After the weekend adjustment, the price showed a trend of continuous rise. The morning high even touched the 61400 area and then came under pressure. It is currently running at the 61000 line. In the short term, the bulls showed a strong upward trend and tended to continue to rise. The operation needs to follow the changes in the market and follow the trend.
Analyzing the current trend at the daily level, the K-line has three consecutive positive lines that continue to rise, and the moving average turns upward along with the direction of the currency price. The continuation action of the bulls is significant. The volume in the short term is quite sufficient, and the bulls continue to exert force. On the 4-hour cycle, after an upward shock and a short adjustment, it rose again. The rhythm of the wave-shaped rise was very clear, with lows constantly moving up and highs continuing to be refreshed. Under this strong rhythm, it is advisable to adhere to the low-long thinking in operation.
Action Suggestions:
Bitcoin is long around 60000-60500, with the target of 62000-63300
Go long on Ethereum around 3240-3200, with the target at 3320-3380
