From the technical perspective of Bitcoin, the BTC weekly K-cycle chart shows that the market is still in an upward trend. The current market is in the extended wave 7 upward phase, with three consecutive weeks of bullish candlesticks, indicating a relatively positive buying signal from bulls. The KDJ, MACD, and RSI indicators have formed a golden cross, creating a resonance of bullish signals, indicating that the market has a relatively optimistic expectation for the future. The market is expected to return above 100,000, with a high probability of breaking new highs. $ETH
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