The big pancake is expected to decline and take down 700 points!
#比特币战略储备 #美联储FOMC会议 #美国众议院市场结构讨论草案 #Strategy增持比特币 #美国稳定币法案 $BTC $ETH
The early market saw a strong surge in Bitcoin, with market enthusiasm soaring and volatility increasing. At this moment, it's important to stay calm; chasing the rise carries significant risk, and one should refrain from trading.
Although the overnight uptrend continues and bulls are in control, caution is needed due to overbought risks.
Looking at the daily chart, a series of small bullish candles have stabilized at mid-term support, with sufficient buying pressure below. The 4-hour Bollinger Bands are narrowing; if the upper band cannot be broken, there may be intraday or range-bound fluctuations. One can take a light short position on early morning highs and seize the opportunity for a pullback.
Bitcoin: 97000-97500 range, target 95500
Ethereum: 1830-1850 range, target 1750
#美国众议院市场结构讨论草案 #Strategy增持比特币 #美国稳定币法案 #比特币战略储备 #非农就业数据来袭 $BTC $ETH
Although the overnight uptrend continues and bulls are in control, caution is needed due to overbought risks.
Looking at the daily chart, a series of small bullish candles have stabilized at mid-term support, with sufficient buying pressure below. The 4-hour Bollinger Bands are narrowing; if the upper band cannot be broken, there may be intraday or range-bound fluctuations. One can take a light short position on early morning highs and seize the opportunity for a pullback.
Bitcoin: 97000-97500 range, target 95500
Ethereum: 1830-1850 range, target 1750
#美国众议院市场结构讨论草案 #Strategy增持比特币 #美国稳定币法案 #比特币战略储备 #非农就业数据来袭 $BTC $ETH
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