Don't be afraid of long roads, only short ambitions; don't be afraid of slow walking, only be afraid of pauses. Persistence is the shortest shortcut to your dream. After Bitcoin hit the 69,000 mark in the early hours of Saturday, it formed a trend of falling under pressure. It was in a slow correction during Saturday and Sunday. At midnight, Bitcoin fell back to around 68,000 and stopped, entering a sideways shock. Ethereum hit the 2675 mark in the early hours of Saturday and was under pressure. It fell back to 2630 and stopped, entering a sideways shock.
After a long period of consolidation in the box range of the four-hour chart of the big cake, it stabilized after repeated attempts at the middle track. The low point was moving up, and the high sideways accumulated momentum, increasing the probability of breaking up. The 4-hour chart recovered the space of the previous upper shadow line. Further rise will open up space and once again break through the 69,000 mark. From the structural point of view, the four-hour chart is in the upward channel, relying on the middle track of the Bollinger Bands for support and defense. In the future, we need to pay attention to the continuation of the upward trend, mainly stepping back and following the long position.
Operation suggestions
You can buy more Bitcoin near 68,000, and the target is 69,000
You can buy more Ethereum near 2,630, and the target is 2,700.
