The market is still volatile during the day, and it has not yet gone out of a strong unilateral trend. From the morning to the current market, the price of Bitcoin has risen to around 97,800 and was blocked. The trend of Ethereum is still the same as Bitcoin, and the market has been blocked at the 3464 line. From the perspective of the market trend, it tends to be weak, but it has not caused a break below the bottom support. The white market of the day is still mainly short-term operations. There is no need to be too greedy for profit. There are opportunities for both long and short positions to make money in the short term.
Let's take a look at the recent data: Yesterday, the amount of cash withdrawal from the spot BTC ETF has reached a new high in the past two months, which also shows the influence of Powell's statement that the US central bank does not hold BTC on the recent market. Although it caused a certain panic and the joint dealers liquidated some high-leverage longs, it did not fall below the key support. The depth of the intraday retracement just reached the 78.6% value of the Fibonacci retracement line, that is, the 95,500 line. The four-hour structure is weak and has an obvious downward channel, but it receives the bottom support shadow line. It is still consolidating in a fluctuating manner during the day, with the bottom support of 95500-94000-90000. With such an obvious support signal, the market correction has bottomed out. In terms of operation, it is still enough to chase the dips. There are certain opportunities for both long and short positions. You can control the profit-taking space by yourself in the short term.
Big cake can be more at 95700-96200, with a target of around 100000. Ether can be more at 3300-3330, with a target of around 3500. #加密市场回调 #萨尔瓦多增持BTC $BTC $ETH