Good news is coming frequently. Warriors in the currency circle, the time to hold on has come! Under the dark tide, a surging upward trend is ready to go and is about to sweep over!
Last night, Bitcoin jumped up from the solid position of 57787, never stopping, and pointed directly to the new high of 60910. Its momentum is unstoppable, showing the king's style. Coincidentally, on the first day of the US ETF restart this week, funds poured in like a tide, and the market boiled. The silence of the weekend was instantly broken and full of vitality.
This seemingly ordinary jump actually implies deep meaning. From the delicate strokes of technical analysis, we have seen that the prelude to a collective recovery is quietly playing. Looking back on the past, the sudden drop of 8.5 was as fierce as a storm, but it quickly ushered in a tenacious rebound. After the market was briefly overbought, it urgently needed a gentle correction to build up momentum. Now, just like reincarnation, the market touched the rebound starting point after 8.5 again last week. The technical indicators of many cryptocurrencies have quietly bottomed out, and the oversold signals are clearly visible, indicating that the prelude to a new round of rebound is slowly opening, and this will be a reconstruction of the technical bottom at the 12-hour level, which is of great significance.
Admittedly, not all currencies can enjoy such direct positive blessings, but the rebound signals at the technical level have sprung up like mushrooms after rain and cannot be ignored. Take ETH as an example, it is preparing to hit the key resistance level of 3200 ahead;#WIFshows its ambition to point directly to 2.0; as for Bitcoin, its journey is to the glorious heights of 66,000. If it can successfully reach the top this time, it will undoubtedly inject a shot of adrenaline into the future market, reverse the decline, and avoid the nightmare of sliding into the abyss of 42,000 or even lower.
Brothers, it's time to let the haze of losses dissipate and welcome our blood recovery feast! The strong indicators of many altcoins are like bright stars. Although space is limited and we cannot list them one by one, the power that is ready to go is enough for us to be full of confidence and go to this feast of the crypto world together!
