$BTC $ETH $SOL 4.27 This week's summary, Bitcoin Ethereum market analysis 点击进入币安王牌交流群
The time node has arrived at the last day of this week, Bitcoin and Ethereum have achieved an effective breakthrough compared to last week, with a significant increase overall. Bitcoin reached a high of 95700, while Ethereum warmed up to around 1850. We continue to layout based on daily news, macroeconomics, and trend directions. The overall remaining rate is relatively considerable, the market has always been there, and Lao Lü has always been there. If one cannot have a basic understanding of the market structure, and does not pay attention to macroeconomics and policies, blindly experimenting in this cryptocurrency market will ultimately lead to complete devastation!
From the weekly level, after Bitcoin bottomed out at around 85000, it has shown a one-sided upward trend, experiencing continuous rises, and finally stabilizing above 90000. It is currently in a range oscillation between 9.3 and 9.5. We continue to monitor the changes in support and resistance levels, and the macro environment is slowly recovering. If the interest rate cut strategy is implemented, then the favorable trend will continue. Ethereum is paying attention to changes around 1730, and the trend also follows Bitcoin's rhythm. The weekly K-line has formed a large bullish candlestick with an upper shadow, and the price comparison is still in a bullish trend. The daily line shows a correction at the upper track, aiming to continue the next wave of market surge, specifically looking at Lao Lü's real-time strategy.
Buy Bitcoin near 94000-93700, target around 95000.
Buy Ethereum near 1790-1800, target around 1840.
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