This week's market has come to an end again. We have been bullish this week and have been participating in the big cake market with low-multiple operations. The market has also risen as expected, breaking through the 110,000 mark again, and the big cake market has also gained a lot; however, the price ratio did not give too much continuation after all, and it fell under pressure again, which also led to our Friday market. It is normal to encounter losses in the market. As long as the thinking does not slip, there are always more solutions than difficulties. After adjusting the mentality, we continued to actively participate in the market on Friday and Saturday morning, and recovered the losses in time. The market is like this, and it will never be achieved in one go. What we can do is to constantly break through in this ever-changing market and find our own share. How did everyone do this week? Did you achieve your expected gains?
The monthly line of the big cake has a bottoming-out and rebounding pattern, with 4 consecutive positive upwards. After breaking through the previous high, the price ratio has been under pressure and retreated. Last month, it had already harvested a cross star K-line. At the beginning of this month, it once again went out of the cross star K-line consolidation pattern. After completing the consolidation and accumulation of momentum, the price ratio may continue the bullish trend and continue to rise. We are also optimistic that the bulls will continue to rise and break highs. Judging from the weekly K-line chart of the big cake, the price ratio had previously given a strong decline, bottomed out at the 98,000 mark and quickly rebounded. A big positive K entity column quickly recovered the lost Space, it came to the high level again for consolidation, indicating that the support below is still strong, the decline can quickly return to the right track, and the bullish trend has not changed; the daily chart has taken a step higher and then turned back to the shock upward pattern, and Ethereum has taken the same style. At present, the previous lows of Bitcoin near 105 and Ethereum near 2367 have not broken the rising bullish trend line in this round of decline. The trend is still dominated by bulls. Pay attention to the gains and losses of these two points next week, which are also the key points that determine the future market bull-bear game. We continue to be optimistic that Bitcoin and Ethereum will rise again.
Bitcoin will rise to around 113,000 next week, and Ethereum will rise to around 2850. #比特币 $BTC