The early morning market moves, Bitcoin and Ethereum have all taken profits, which is within the basic expectations of the thought process. Previously, it was also mentioned that Bitcoin and Ethereum would rise, and I believe long-time fans understand that those who follow old Lu have mostly benefited from this wave. It can be said that choice is greater than effort.

The daily structure of Bitcoin still shows a strong bullish trend with a solid daily candle. At this stage, it provides a relatively strong defense. In the four-hour structure, Bitcoin has reached the bottom and started to rebound. The consecutive large bullish candles have also established a bullish trend. In the one-hour structure, it is forming a W-bottom pattern, and after a pullback, it continues to rebound strongly. The bullish momentum is strong, with continuous volume increase. After the Bollinger Bands have contracted, they are about to open up again. Continue to chase long positions in the morning, synchronizing with Ethereum. The Bitcoin range is set to around 95000-94500 for entry, with a target around 95800, and for Ethereum around 1820 for entry, with a target around 1850. $BTC #加密市场回调