Notice
Fortunately, I sold my Bitcoin yesterday.
Ethereum is just a beast.
In the early hours of the morning, I secretly poked the long positions.
In the morning, Bitcoin poked the short positions again.
The main force shows its operation.
Emphasizing fairness and justice.
Today, after finishing the line, Bitcoin closed above 105,000, breaking through the original oscillation structure. However, it could not break through the weekly central pressure of 108,000. Additionally, MACD has newly emerged some volume. The volume is just starting to show its tip. We need to see if it can effectively hold around 105,000. If it can't hold, it will fall back. That can be viewed as a three-time divergence on the daily level. Of course, if it holds, it will need to further test upwards.
Ethereum closed on a weekly basis. It is still oscillating and rubbing near the weekly MA120 and MA20, which also belongs to the adjustment and direction selection phase.
The US stock market dipped in the early session. Bitcoin didn't really follow and even had a spike upwards.
In summary, I am currently conservatively leaning towards the long side. Because Bitcoin has shown signs of an independent market trend. It doesn't really follow the US stock market patterns.
Shenzhen Zichen Village Committee Party Branch #山寨季何时到来？ $BTC