Yesterday, the currency circle showed a trend of first suppressing and then rising, and against the backdrop of rising expectations of the Federal Reserve's interest rate cuts, sentiment continued to be optimistic, driving BTC and ETH to strengthen.
According to the homeopathic principle, in the case of no change in fundamentals, the shock is the accumulation stage of the trend, and there is naturally a process of correction when it rises more, and it is also a transitional stage of the market.
ETF inflows and technological breakthroughs have brought some benefits, but regulatory uncertainty and speculation have left the market lacking a clear directional impetus. Overall, BTC is currently near key support levels, with the moving average bulls aligning and golden crosses forming a bullish resonance, and the short-term trend and momentum are strengthening.
Yesterday, the average price of the 90,000 mark long orders was around 90,400, and the highest upward movement to the 94,555 line began to fall, and the current retracement can still cut into the long.
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Yesterday, the currency circle showed a trend of first suppressing and then rising, and against the backdrop of rising expectations of the Federal Reserve's interest rate cuts, sentiment continued to be optimistic, driving BTC and ETH to strengthen.
According to the homeopathic principle, in the case of no change in fundamentals, the shock is the accumulation stage of the trend, and there is naturally a process of correction when it rises more, and it is also a transitional stage of the market.
ETF inflows and technological breakthroughs have brought some benefits, but regulatory uncertainty and speculation have left the market lacking a clear directional impetus. Overall, BTC is currently near key support levels, with the moving average bulls aligning and golden crosses forming a bullish resonance, and the short-term trend and momentum are strengthening.
Yesterday, the average price of the 90,000 mark long orders was around 90,400, and the highest upward movement to the 94,555 line began to fall, and the current retracement can still cut into the long.
BTC operation suggests 91400-91900 more, target 93600, break through, see 94400-95400
ETH operation is recommended to be 3265-3280 more, and the target is 3360 to break through 3410$BTC #比特币行情观察