The short-term target can be seen as around 2530, which is the price that may be reached in the short term, and the medium- and long-term target must be around 2700, which is above 700, which is the price of #年底牛还熊？ #加密货币市场持续震荡 #美国大选前行情观察

Technical callback completed, a new round of upward movement has arrived

This market has completed a new round of closing. In last week's performance of Bitcoin, it can be clearly seen that although the weekly K-line did not continue the upward trend and closed with a bearish candle, the daily line has completed a consolidation above 65,000. Despite being affected by narratives, Ethereum has recovered its gains but did not break below the 2,380 line. The overall structure still looks bullish.

In the macro market, apart from the release of September PCE in the US, there is nothing particularly noteworthy this week. Therefore, with the absence of external influences, the market is more likely to get back on track. During the US elections, Bitcoin will continue to attempt a breakthrough at 70,000 and above, while Ethereum needs to clearly establish an upward trend before making a compensatory rise.

Technically, we can focus on two positions: the first is the 1-hour line support for Bitcoin at 67,300-67,500, and the second is the 4-hour level medium-term support around 66,000. Both entry points can be taken with a small protective stop, and if the first protective stop is broken, we can decisively look down to 66,000, while Ethereum should keep in sync. #加密货币市场持续震荡 #美国大选前行情观察 #年底牛还熊？