Morning rally bounced as expected with resistance, Bitcoin rebounded near 73200 in early trading with pullback, lowest retest around 72200 stopped the decline, midday saw bulls push volume higher, price recovered to around 74400 with resistance, currently oscillating around 73500. Ethereum recovered near 2200 in early trading with resistance and staged adjustment, price retest near 2160 stopped decline and recovered, midday bulls pushed volume higher, peak pulled up to 2288 level with resistance. During early live broadcast we also discussed with everyone that once Ethereum probes above the 2200 level it will further extend to 2300, not sure how many friends managed to follow the pace and catch the profits?



From current market perspective, daily 8 consecutive positive candles pushing higher on probe, continuing to recover bull strength, high insertion pin testing upper band resistance then retraced again, completely engulfing previous oscillation zone, creating recent closing new high. Daily K-line breaks through Bollinger Band upper rail in one move, opening upside space, moving average system showing bull divergence arrangement, short-term MA quickly crossing above medium-term MA forming golden cross, this is typical trend acceleration signal. MACD fast and slow lines forming golden cross above zero axis, red bar momentum beginning volume expansion, daily level uptrend structure very healthy. After previous bottom consolidation, currently showing good bottom-building signals, subsequent market still has upside space. Combined with 4-hour chart, K-lines continuously printing large positive candles, breaking through previous consolidation platform, forming effective upside breakthrough. Bollinger Band opening obviously expanding, price running strongly along upper rail, this is typical unilateral acceleration characteristic. MACD fast and slow lines forming golden cross above zero axis then continuing upside divergence, red bar momentum continuously expanding, indicating bull force accelerating release. KDJ indicator high level blunt effect but in strong market, bluntness is normal. Overall, 4-hour level uptrend structure maintaining intact. After subsequent pullback adjustment can continue maintaining upside perspective.

Bitcoin can go long 72000-72500, looking at 74500-76500. Ethereum can go long 2200-2220, looking at 2300 vicinity. #加密市场上涨 $BTC $ETH
BTC2.46%
ETH8.64%
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