Bitcoin broke a new high for the year yesterday, with the highest reaching around 38,000. Then it shot higher and fell back, with a big retracement of 2,000 points. It was a double kill last night, so those with high leverage should be careful. Regarding Bitcoin's current round of gains, I took everyone to make arrangements very early, and there were a lot of students who followed up. Returning to the current market situation, after falling below 2,000 points last night, there was a slight rebound this morning. Currently, Bitcoin is fluctuating around 36,700. Looking at the current daily level, Bitcoin is still in a strong bull market. It is currently entering the stage of the end of the bear market and the beginning of the bull market. It is normal to plummet and rise slowly. If there is a big pullback, just be brave and get on the bus. The support level is near 36,000 and the pressure level is near 37,000.
Ethereum benefited from the positive news that BlackRock submitted an Ethereum spot ETF application yesterday, directly guaranteeing 12.35% in a single day. The Ether exchange rate ETH/BTC also rebounded sharply to around 0.58. The price of Ethereum strongly exceeded the 2000 mark, and it is A large positive column rises straight up without any sloppiness. At present, Ethereum's daily level MACD golden cross continues to show positive volume, KDJ three-line golden cross diverges upward, and the bullish pattern is obvious. However, it should be noted that there is currently a signal of the daily level Dimark sequence TD13, as well as the resonance pressure level of the weekly and monthly lines near 2220. We should pay attention to the risk of rising and falling. #ETH #BTC