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Today's major market structure, there shouldn't be anyone making mistakes anymore, right? Since the early morning session, we've been providing hints: the weekend oscillation accumulation has completed, and the upward trend is about to launch. The daily Bitcoin chart moved stronger as expected, breaking through the 74000 level before pulling back under pressure, retesting 72800 and rebounding firmly; in the evening it attacked 74000 again, and although not fully established, the bullish momentum has been fully displayed. During the day we publicly arranged three bullish positions, all successfully stopped out profitably, capturing a total of 4503 points on Bitcoin and 203 points on Ethereum in this period.
From the current chart perspective, Bitcoin still maintains an oscillating uptrend rhythm. Two intraday attempts to probe higher met selling pressure, which not only confirmed the effectiveness of the upper resistance but also fully demonstrated the bullish resolve for a breakthrough. On the daily timeframe, the trend shows eight consecutive positive candles with a strong one-way structure, prices are firmly supported by the moving averages, and displaying standard bullish alignment. On the four-hour timeframe, after retesting, the oscillation platform continues to move higher, the uptrend wave structure remains intact, and the retest intensity is gradually diminishing. After small-level corrections and accumulation, a complete upside breakout is only a matter of time.
Bitcoin: 72800~73200 bullish, target up to 75500.
Ethereum: 2230~2260 bullish, target up to 2380.$BTC #比特币站上七万美元