#以太坊创历史新高倒计时 ETH News: Ethereum has broken through in the past two days, with Wall Street buying over 1400 funds within two days, resulting in a price increase of more than 10% in the last two trading days. This continuous buying has made ETH appear to be rising significantly, increasing the risk of a pullback, especially since the price is currently near historical highs.
BTC News: A bullish IPO comes at a great time as Bitcoin's price soars to record highs. After U.S. President Donald Trump reversed the previous administration's actions against digital assets, the prices of cryptocurrencies like Bitcoin got a boost. Following Trump's signing of legislation allowing mutual funds, private equity funds, and others to legally enter the BTC and cryptocurrency markets, BTC has seen nearly $3 trillion in purchases, leading the market to briefly surpass $124,000 on Wednesday, with a daily increase of over 2.5%, setting a new historical high.
Technical Analysis:
ETH: From yesterday to this morning, the price repeatedly tested the resistance level around 4800. This morning, it closed with a central line. From a structural perspective, the upward trend still continues, and the probability of continuing to rise and test the area around 4880-5100 is still very high.
Intraday Support: 4700
Intraday Resistance: 4800, 4880, 5000
In summary, the focus today is still on going long, and the trading strategy can continue to enter after breaking the resistance level. Be sure to pay attention to price momentum; if you don't monitor momentum and other indicators, you can use our Turtle Trading System to observe.
BTC: From a technical perspective, a large bullish candle was formed yesterday, closing above Monday's high. This morning, it briefly reached a new historical high before starting to pull back quickly, forming a relatively perfect wave pattern.
Intraday Support: 121400, 12068
Intraday Resistance: 123000, 124000, 124660.
Trade primarily to go long at lower levels.
The above is purely personal analysis and does not constitute investment advice.
