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Let's briefly review today's market situation. BTC has been in a downward fluctuation trend all day, with several rebounds attempting to test the upper resistance. However, the upper resistance has remained significant, and BTC has not been able to make an effective breakthrough. In the evening, the price retreated again, reaching a low of around 102536. The intraday fluctuation space has been quite large, and we have been accurate in identifying entry points, resulting in natural profits. Ether, on the other hand, surged early yesterday morning, breaking the 2700 mark but failed to hold that level, subsequently falling back. We also seized the opportunity during that surge and successfully exited with a profit of over a hundred points. The market has been relatively easy to navigate.
From the current perspective, BTC experienced a brief rise after the US stock market opened in the evening. Unfortunately, this rise lacked strong momentum and soon retraced the gains. On the daily chart, today closed with a small bearish candlestick, completely giving back the gains recovered yesterday. The market moved relatively quickly in the evening, so entry points need to be well-timed. Looking at the 4-hour chart, the price has broken through the support provided by the mid-line, and is currently operating just below it. Overall, it is still oscillating within a range. In terms of operations overnight, it is recommended to maintain a strategy of buying on dips as indicated by the white line, with a focus on the critical level of 102000 below. If it breaks through, it may be appropriate to follow up, and everything will be based on actual performance.
BTC can be bought in the range of 102000-102500 in the early morning, with a target around 104000. Ether can be bought in the range of 2530-2550, with a target around 2660. #PFVS Launchpad 认购开启