The bullish trend continues. If you fear, I will be greedy $BTC $ETH
The daily line of Bitcoin is a small bullish line with short upper and lower shadows, and the trading volume is about half of the previous day, belonging to a high-level narrow range fluctuation trend. Currently, it is a 3-4 hour rebound within the 2-day line, retracing the 4-hour MA30 line with fluctuations. The 4-hour MACD continues to decline, with weakening momentum. If the fast and slow lines form a golden cross, then the price will continue to surge. The 4-hour level rebound is not enough to create a new high; a larger level retracement is needed for a chance.
Pay attention to today's major resistance at 118900; only when it stabilizes can there be hope. The subsequent market can go long at the support of 6 hours, 12 hours, daily, and 2-day lines, with larger levels having greater space. The daily line is a relatively long bullish line with trading volume increased by a quarter compared to the previous day, still maintaining a strong upward trend.
After the strong breakthrough at the neck position of ETH 3220, the price reached our daily level resistance at around 3450 before undergoing a downward retracement on an hourly basis. After a big bullish line, there will be a subsequent upward trend, but I still think that the higher the price rises, the more one should take profits in batches. There is a large amount of trapped positions in the 3450-3540 area.
There will be no explosive behavior with fans, nor will there be blind investments. It’s all about seeking victory steadily, taking careful steps. Those who want to profit quickly, get on board!
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