The pullback is just a buildup of strength, the bullish trend remains unchanged!!
Good morning everyone!! Currently, there are no adverse factors in the market. Today's fluctuations may stem from investors' alleviated FOMO mentality or a cautious attitude towards the release of today's CPI data. The price of Bitcoin tested the support at 85000 points during yesterday's pullback but rose again to the 90000 area during the early morning hours.
How the price falls is how it rises. Our previous predictions have been accurate. The pullback is merely a short-term phenomenon; in a strong market, high-level corrections do not signify weakness. It is actually a consolidation of momentum, accumulating energy for the next round of increases. At present, we should continue to closely monitor this round of rebound, especially around the 90000 threshold.
BTC short-term: 87200 long, target 90000, 91300
ETH short-term: 3215 long, target 3360
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