Today's market, after dropping to around 95700 early this morning, began to rebound by over 3000 points. SOL hit our support level of 144 from yesterday's analysis and started to rise. Interestingly, the line drawn by the team leader is 144.55, with a low of 144.59. The current strong upward trend— is it the final peak or a rapid return of the bull?
Let's look at today's market, first on the moving averages. MA120 is about to golden cross with MA50, and this golden cross may bring an uptrend in the market, in short, it's a bull return! Moreover, on the daily line, it has already broken through the previous high and surpassed the earlier consolidation. Therefore, a trend upward market exists recently!
In the MFI and CCI market, with the rise in yesterday's daily line, MFI and the coin price have shown a synchronized upward trend. Regarding the CCI market, yesterday's rise has again reached above 100, so the start of the trend is likely imminent! Additionally, in OBV, we see increased volume here again. Therefore, a true breakthrough upward is not far from us!
In the intraday short-term trend of Bitcoin, pay attention to support at 973 and 961. If it does not break 973, the rebound has not ended, and watch for pressure at 100600 above.
In the intraday short-term trend of SOL, support is at 147 and 145. If it does not break 145, the rebound has not ended. The pressure above is only around 155.
In summary, the uptrend is likely to restart soon. Next, we will exclude distractions and can only go long! $BTC $SOL #BTC交易 #美联储FOMC会议