Bitcoin's market has surged again!! Yet another unreliable statement, and the current market fluctuations are entirely unpredictable, with the biggest shouting KOL in the whole market!!
This surge has pushed the four-hour level pressure breakthrough to nearly 110,000. Both large and small levels are once again forming a double top pattern. During the day, pay attention to the small level pullbacks to support at 109,000 and 108,200.
As long as these two positions are not broken during the pullback, the double top pattern remains, and the market will continue to surge higher. The upper target pressure is 110,000, 111,300, 111,800.
If the price breaks below 109,000 during the day, short-term positions can either reduce their holdings or exit. The small level must begin to pull back, with the pullback target at around 108,200 for the four-hour level support. If the four-hour closing price breaks below this position, then this wave of four-hour level rise will end, and it will once again test the daily level support at 107,000.
ETH
Ethereum's support is at 2,540. This morning's surge, the four-hour level has stabilized at this pressure, which means the four-hour level has formed a double top pattern. Currently, the four-hour support position remains unchanged at 2,540.
As long as the four-hour closing price does not break below 2,540 again during the pullback, the four-hour double top pattern is still intact. The upper target pressure is at 2,600, 2,650, 2,686. If the four-hour level closes below 2,540 again, then the double top can be abandoned; the four-hour double top pattern will break, and the market will once again test the lower targets at 2,450 and 2,350.
