Thursday Morning Bitcoin and Ethereum Market Analysis and Trading Suggestions
Looking back at yesterday's market, our strategy was perfectly validated. The price of Bitcoin has broken through to a new high and is on a strong upward trend. From the current technical analysis of the market, after the short-term indicators on the four-hour K-line broke the previous high, the EMA15 fast line support has risen to 106500. The MACD continues to expand, and both DIF and DEA have entered a strong bullish phase above the energy indicator. The K-line has also broken the upper Bollinger Band at 108750, and the main force is likely to consolidate around this position for a short time.
Around 109500, the target is 110500
Around Ethereum 2550, the target is 2700
