The market never disappoints those who bravely move forward for their beliefs, just like that classic "pizza transaction" in the blockchain world. Salute to Laszlo, who bought two pizzas with 10,000 bitcoins; that seemingly "loss-making" choice was actually the spark that ignited industry exploration. Investing is also like life; sometimes you need to pay for passion and vision. Who can predict what value will bloom from today's choices in the future?
Looking back at the current market, Bitcoin is gradually gaining support around 111,200, with prices close to the 24-hour low but not effectively breaking below, demonstrating a certain resilience against declines. From the perspective of trading volume, the trading volume is expanding (MA(5) is higher than the actual value), indicating that there may be active capital support at this position. The key to short-term trends lies in whether it can stabilize above 111,500 and break through the corresponding 111,714 of the intraday moving average MA(7). If achieved, it is expected to launch an attack towards 113,000 (the 24-hour high).
In terms of operations, a cautious bullish approach can be maintained, with a focus on the breakthrough of key support and resistance levels. The specific strategies are as follows:
• Bitcoin can be bought in batches within the range of 111,200-111,500, with a stop loss set below 110,800, targeting around 112,500-113,000;
Ethereum can be bought around 4280 - 4330, targeting around 4400 - 4460. $BTC