After the initial fluctuation and consolidation, Bitcoin started a strong continuous upward trend, recovering new highs one after another. Today, after surging to the 100,000 mark, it stabilized again below, continuing a bullish trend and reaching a new high, which is also in line with expectations for a wave of profits. In a unidirectional staircase rise, each day within the week, the previous day's high will become the next day's low, repeatedly testing and then circumventing upwards. The 4-hour chart from the previous day relied on a pullback to the mid-line below to create a strong support point for another upward surge. After continuously rising yesterday and breaking through the 100,000 mark, the upward movement after two consecutive days has already opened up space. The mid-line remains a critical point, but it has already moved quite far away and can only serve as a defensive point to look for long positions. The 1-hour chart shows a relatively strong unidirectional staircase rise, with the breaking of the 100,000 high point being the first support point. The volatility base is too large, also serving as a reference point for recent long positions. The upper side remains predominantly bullish.
Bitcoin can be bought in the range of 102,000-101,500, targeting around 105,000; Ethereum can be bought in the range of 2,200-2,170, targeting around 2,350.#BTC重返10万 #山寨季何时到来? #美联储FOMC会议