$BTC In the currency circle, the real master is not to be able to see the direction when the big market comes, but to be able to accurately anchor the trend in the volatile market. The price of Bitcoin showed a high-rise and fall trend during the day. The price of Bitcoin retreated from the high point of 112007 to the low point of 110505. It is currently stabilizing near 111000 and fluctuating. Yunlu accurately grasps the rhythm of market fluctuations and successfully realizes a profit space of more than 600 points in the volatile market. Ethereum synchronously maintains a strong pattern. After oscillating and accumulating momentum in the 2750-2800 range in the morning, it continued to rise in the afternoon and reached a high of 2822. Yunlu's long-order strategy near 2750 given in the morning successfully gained more than 60 points of space. The current price of Bitcoin maintains a high consolidation trend near 2780.
The short-term technical form of Bitcoin shows that the upward momentum has weakened, and we need to be vigilant about the risk of callback. From a technical perspective, Bitcoin shows signs of weakness in its rise, with a relatively clear support area below, and the upper resistance level of 112000-112800 still needs to be broken through with volume. Ethereum trading volume has significantly increased, indicating that market participation is enthusiastic, but a large short-term increase may trigger a technical correction. The current market is at a critical position, and investors should remain cautious and avoid chasing ups and downs. Special attention should be paid to the impact of external market fluctuations on digital currencies, as well as the short-term volatility risks brought about by changes in market sentiment.
Bitcoin recommendation: 110600-110800 stabilizes and goes long, target 111500-112000, stop loss 110200; or 112000-112200 under pressure and short
Ethereum recommendation: 2760-2775 near more, target 2800-2830, stop loss 2740.
