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From the current market data, the moving average system at the daily chart level shows a clear long positions arrangement trend, and after successfully forming a golden cross pattern, it continues to diverge upwards. This indicates that the market is in a strong pump phase, and investor confidence is high. In the afternoon, the price firmly stood above the 123000 integer level, further confirming the strong momentum of the long positions market.
In terms of technical indicators, the MACD indicator continues to expand, with both the DIFF and DEA lines maintaining an upward extension, indicating that the bullish trend momentum is effectively continuing and that there is still room for a pump in the market. The RSI indicator rose to around 75 in the afternoon, approaching the overbought zone, but no obvious top divergence signals have emerged yet. This means that while there may be a slight pullback demand in the short term, the overall bullish structure has not been damaged, and investors can still confidently hold long positions.
Evening
Open long positions on Bitcoin when it stabilizes around 122000, aiming for a target of 124000.
Ethereum is going long around 2990, targeting 3090. #Launchpad首发Pump.Fun #BTC再创新高 019283746656574839201