The morning Bitcoin successfully broke 117500 due to Trump's remarks, and Wen Ling's early orders also followed the trend, positioned at a low 📈
That being said, life goes on. Bitcoin is forced to rise, strong with some temptation to go long, not driven by technicals, with high risk of a pullback, indicators biased towards long but nearing overbought levels.
Ethereum is strongly bullish, breaking through the upper Bollinger Band, with enough momentum. There is a pullback pressure in the short term, and the mid-long term RSI is nearing overbought. The daily chart shows a dusk doji star, constrained by the upper band; if it pulls back to below 3860, it forms a double top, likely returning to 3720-3750.
Trading suggestions: Bitcoin 117500-118000, stop loss at 118300
Ethereum 3900-3930, stop loss at 3950
Target to first look at around 116000/3840 #特朗普加密新政