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In this ever-changing crypto world, we should take our dreams as horses, not waste our youth, and use wisdom and courage to write our own glorious chapters. On Wednesday, the Bitcoin market showed a fluctuating upward trend, with the price rising to a high point of 114178 in the morning before coming under pressure and retreating. Until the midday market touched a low point of 113304 in the pullback and then quickly rebounded, with the market currently reaching a high point of 114390. The Ether market was similar, with the price fluctuating upward from the low point of 3546 in the early morning to the high point of 3662 at midday. Brother Sheng also made a short bullish layout for Ethereum at midday, entering around 3576 and exiting near 3642, capturing a space of 66 points.
According to the current market situation, the four-hour level shows that the price has gradually risen to the middle track of the Bollinger Bands with alternating bullish and bearish movements, but has faced pressure and retreated again. However, the KDJ indicator has formed a golden cross pattern at this level and is gradually diverging upwards. Therefore, the current pullback does not affect the overall upward trend. From the one-hour level, the price shows a staircase upward movement. Although there was a pullback after a strong breakout of the middle track of the Bollinger Bands, the MACD indicator's dual lines still maintain an upward extension. The indicator values continue to accumulate in the positive range, indicating that the overall trend is still biased towards bulls. Additionally, the previous pullback has successfully built a bottom, so even if there is a pullback now, the extent will not be too large. Therefore, in the afternoon, we can operate with a low-buy strategy after the pullback.
Buy Bitcoin around 113300, target at 115000-115500.
Buy near Ethereum 3570, target look at 36800 #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分#