Last night's market first experienced a pullback, dropping to around the low point of 78500. After hitting the low, there was a quick rebound, and the market refreshed its high again in the early morning, reaching 81700. This also confirms the bullish perspective we provided at midnight yesterday. The Ethereum trend is similar to Bitcoin. Currently, the market is experiencing a pullback, with the price of the coin hovering around 80500.
At present, the price has not shown any significant signs of a pullback after reaching a high, and the coin price remains in a volatile consolidation around the major level of 80000. Although there may be instances of dropping below 80000 in the short term, it will quickly be reclaimed by a strong bullish movement, which indirectly indicates that the strength of the bullish trend is unstoppable! The MACD bullish volume is still maintaining an orderly state with continuous expansion, and the upward opening of the operating channel has not changed! There is still a need for further upward movement in rhythm! The upper space is very broad! Our morning perspective is still primarily focused on buying during pullbacks.
Operation Suggestions
Buy Bitcoin at 80000-80200 Target 82000
Buy Ethereum near 3160 Target 3250