Review today’s market:
The market hit twice in total during the day, rebounding to 35734 in the early morning, falling slightly without breaking 35100, and rebounded again to 35999 at noon. In the evening, after falling below the 35050 line, the pin was inserted downward to the 34544 line.
Evening market analysis:
From a technical perspective, after Bitcoin has experienced a series of upward pullbacks, the overall bullish trend is obvious. From the short-term four-hour chart and the one-hour chart, the upward channel has been opened, and the bullish energy is accelerating the release. However, short-term indicators need a period of shock and correction to repair the previous top divergence indicators. On the daily chart, there has been a slight downward trend in market dynamics for three consecutive positive days. It depends on whether the strong support point at the bottom is effective. After the market gradually stabilizes, it is still recommended to focus on low and long. The lower support level is 34450-34050.
Evening operation suggestions and market outlook reference:
If the market is over 34450-34050, we should look towards 36000; if Ether is over 1800-1780, we should look towards 1875.
Disclaimer: The above is purely personal sharing and does not constitute actual entry points. You are responsible for your own profits and losses. $BTC $ETH #sfm #BTC