#Strategy增持比特币 In the cryptocurrency market, the recent BTC price has shown an extremely strong trend, consistently maintaining a high level of fluctuation. From the perspective of the smaller time frame candlestick charts, there have been multiple instances of downward wicks, but they were quickly recovered, accompanied by clear signals of a stop in decline, which undoubtedly indicates that the bullish forces currently dominate the market. Since the start of this round of upward trend, the BTC price has hardly experienced any strong pullbacks. Even when the technical indicator MACD showed a high-level divergence, the price did not experience a significant drop, further corroborating the strength of the bullish momentum.
From a technical pattern analysis, the current BTC price may be forming an ascending wedge pattern. It is worth noting that the trading volume has slightly shrunk at high levels, which often suggests that the market may be building momentum for the next breakout. According to the regular interpretation of this pattern, if the BTC price fails to break through and stabilize above the previous high in the short term, or if there is a phenomenon of volume stagnation, it could likely trigger a large-scale sell-off of short-term profit-taking. In this case, blindly chasing the price is not recommended.
Looking at ETH, its short-term price is currently in a high-level fluctuation range. There have been several instances of upward and downward spikes during the trading day, but after each spike, the price quickly recovers lost ground, which fully demonstrates that ETH has strong support and buying power. Currently, the high-level death cross signal in the technical indicators is gradually being digested by the market. Once this death cross signal is completely resolved, ETH is likely to regain upward momentum.
The current price range of ETH is exactly the starting area of the previous decline, with a large amount of trapped positions above. Additionally, this round of ETH's upward speed is relatively fast, and the pullback space is limited, thereby accumulating a certain amount of profit-taking pressure. To ensure that the subsequent upward trend is more sustainable and powerful, the current high-level fluctuation can be seen as a continuation pattern of the upward trend. The role of this pattern is to repair the overbought technical indicators, digest the trapped positions and profit-taking pressure, while accumulating energy for further breakthroughs. However, given that the current price is in a key resistance zone, the possibility of a direct breakout in the short term is relatively low, and the market may require more time to effectively digest these resistances. Considering the above factors, it is expected that ETH may experience a pullback in the short term to release some pressure and optimize the technical pattern.