BTC: I have waited so long for the day to finally come back. I have waited so hard for this day. Last night, the price of Bitcoin rose strongly due to the influence of CPI, closing with a big positive line. The daily chart rose by 7.54%. The four-hour price finally broke through the 200-day moving average pressure, changing the short-term downward oscillation weakness. The short-term turned to oscillation and bullish. However, last night's rise does not mean that it will continue to rise. According to the trend during this period, it should be oscillating upward (that is, rising and falling, but generally rising) to test the 72,000 price. The medium-term oscillation trend has not ended. The high pressure of the medium-term oscillation range is around 72,000.
Last night's rise means that the price around 60,000 will be the second lowest level of this adjustment. It is estimated that it will be difficult to reach it again. If you have it, hold it. It is worth taking it at a good price. Today, just pay attention to the pressure of 67,000 above and the support of 64,000 below.
ETH: Ethereum is really awesome. It also closed with a big positive line last night. The four-hour chart shows that the price is still below the pressure of the 200-day moving average, which suggests that Ethereum is still weak in the short-term fluctuations. But one thing is worth affirming. Although Ethereum is weak in the fluctuations, the price has not hit the low since April 13. Yesterday, many people saw that it was going to break through the trend support line below, but it still pulled up. Ethereum will continue to follow the big cake next, paying attention to the pressure of 3100 and 3200 above and the support of 2950 below.
Ethereum's current performance is really bad, but the long-term trend is still optimistic.
Strategy: Yesterday's breakthrough of the big cake finally ended the weak trend in the fluctuations during this period. Next, the overall fluctuations will be upward, and the cottage will also be affected. The overall rebound trend has started again in the overall fluctuations. The cottages held before, continue to hold patiently, the worst is over.
