Bitcoin bulls are unstoppable, another bull market is coming?
Can you imagine that in just a few days, Bitcoin directly pushed up to 27,000 from the lowest level of this week around 22,000, and the price just hit a record high of 24,300 last week. After a few days of short adjustments, the bulls are gaining momentum The second unilateral outbreak is like a runaway horse that can’t be pulled back, and it doesn’t stop at all. Such a hearty trend is absolutely exciting; of course, some people are happy and others are naturally worried. Some people turn a miss into a fault. Why are some people able to do well in the market, while others are never favored? The result of blind following or blind self-confidence will only be meaningless sacrifices.
To sum up the trend of this week is to break the position and rise after adjustment, and the article analysis provided by the author every day is based on these two keywords, adjustment and rise, and clearly reminds everyone not to blindly empty when falling back, such a perfect bullish trend, go A wave-like retracement is self-defeating. Any transaction must always follow a rule, and taking advantage of the trend is king! The trend is already obvious and cannot be more obvious. The next step is to see where the price can bring this height, 30,000 or 35,000? Everything is possible! There is no need to analyze the trend too much, it is nothing more than a question of the entry point, because the current price is a new high position, there is no previous node as a reference, so we only need to follow the short-term trend performance to judge the transaction, but for the next For the short-term trend, Feng Chuhao, who subscribes to the personal artificial medium account, believes that you can refer to the trend law after the new high is refreshed. A wave of unilateralism cannot continue indefinitely. After the unilateral, there is a high probability of adjustment. The possibility of direct reversal is very small, so In the short term, while maintaining bullishness, pay attention to whether there are signs of adjustment and then arrange transactions reasonably. If there is a large short-term retracement, wait and see for the time being.
From the perspective of the disk, the three consecutive anodes on the daily line are strong, and the daily increase is increasing. The top of the daily K is also smoothly approaching the upper track and going up around the upper track. The bullish trend is obvious on the daily line, but we also need to be vigilant. The correction after the release, in short, is not to blindly chase the high position; for four hours, we need to pay attention to the resistance suppression near the 26900 line above. There have been two surges at this position, but they all retreated under pressure, while the bottom is concerned about 26400 For first-line support, it can be arranged at 26600/26400 respectively within days, and the target is 27000/27200.
Support level: 26400 Resistance level: 26900
Ethereum is still running at its own pace. Although Bitcoin has raised the height of last week by several hundred points again, it is clear that Ethereum does not seem to have any interest in new highs. Ethereum is only normal when Bitcoin skyrockets the next day. However, K also recorded three consecutive positives in the previous day and the short-term upward trend remained good. It doesn’t matter whether it is a new high or not, the main reason is that it is rising; the daily line is 670. The most critical resistance lies, but at present, daily K has stabilized above the average of each cycle, so I personally think that it is expected to set a new high next week; focus on the resistance of 652 at the top of the four-hour short-term, and the support at the bottom of 638-640. Look at 652, stabilize and continue to look at 660.
Support level: 638 Resistance level: 652-660
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