In the early morning, the price of Bitcoin broke through again, hitting a new high and climbing to around 76,800 points. In recent market analysis, we have repeatedly pointed out that the bullish power continues to be abundant and the market has strong upward momentum. Therefore, it is not recommended that you easily predict the top of the market. The current market development is in full compliance with the expected trend.
From the perspective of the main structure, the market still maintains a relatively strong technical form. On the daily K-line chart, after the big Yang line stretches, the high position presents a cross star pattern, which is usually regarded as a signal that the market may enter a short-term adjustment. When such signals appear, we should pay close attention to the market's retracement and correction dynamics.
At the hourly level, although a turning signal has appeared, indicating that the market may face short-term fluctuations, the overall trend is still dominated by bulls, showing a wave-building type of upward trend. During the retracement, you can seize the opportunity to enter the market:
On Friday morning, it is recommended to buy Bitcoin at 75200-75000, and the target is 77000-77500
Buy Ethereum at 2850-2830, and the target is 2950-3000#美联储利率决议来袭