Market Analysis!
BTC: Yesterday, during the Asian and European trading hours, there was a downward adjustment, retracing to around 104. The movement completely aligns with the expected support at the 104 position mentioned yesterday. As the U.S. trading session began, it slowly rose again, reaching a recent high of around 1075. Key support is to be monitored at the 1063-1053 positions below, while resistance is to be watched at the 1078-1088 positions above.
ETH: The daily line once again tested near 2450 yesterday, precisely retracing to the 14-day moving average. After ten days of adjustment, the gap between the daily candlestick and the 14-day moving average has been filled. Today's opening is above the 14-day moving average, and the adjustment space below has been fully repaired. Key support is to be monitored at the 2525-2500 positions below, while the first target above is 2580, followed by 2650.
Today is very likely to be a turning point for the trend, determining whether the upward trend continues or if the market reverses, which will depend on the Wall Street trading hours tonight. Additionally, tonight's banquet with Trump may be exploited by some to create panic. I will continue to monitor market changes, and trading strategies will be announced promptly within the circle!
