Wednesday evening BTC Ethereum latest market analysis
There is no victory to speak of; holding on means everything. The big pie is hovering around 103900, proving that Xiaowei's strategy is correct. The current upward trend is still very clear, and the bulls are continuously pushing forward. During the impact process, it is also necessary to pause repeatedly, just like an article, it can only be improved through multiple careful revisions. Ethereum is experiencing significant fluctuations but also has an upward trend.
From the current hourly K-line structure of the big pie, the price continues to oscillate in the middle and lower track range. Although it shows a downward posture, it has not formed a coherent downward trend and is currently in a horizontal consolidation state. Combining the market evolution patterns of the past month, whenever the market experiences stagnation or low trading activity, it often welcomes significant reverse fluctuations. We will still maintain the idea of buying on dips tonight, and currently, the market is in range oscillation, so do not blindly chase long positions.
Big pie 103500-103000 range target 105000
