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1、 Bitcoin (BTC) Trend Analysis
1. Current price and resistance level
Price: BTC is currently trading at around $105614, with intraday fluctuations ranging from $103100 to $106200, and is challenging the key resistance level of $106600.
Technical form: The daily chart is in an upward channel, with an RSI of 68 (close to overbought but still with upward potential). Attention should be paid to the supply cluster pressure of approximately 31000 BTC around $106600. If it breaks through, it may open up upward space up to $110000.
2. Market driving factors
Institutional capital inflow: Institutions such as Strategy have recently increased their holdings of 7390 BTC (with an average price of $103498), demonstrating long-term confidence
Policy positive: SEC's attitude shifts towards supporting innovation, which may drive improvement in regulatory environment
Risk Warning: If the resistance level is not broken, it may rebound to the support zone of $103000, and the technical adjustment risk is high
3. Operation strategy
Breakthrough long: If you remain above $106600, target $110000 and set a stop loss below $105000.
Pull back buying: Focus on building positions in batches within the range of $103000-102500, with a stop loss of $100000
2、 Ethereum (ETH) Trend Analysis
1. Current price and support resistance
Price: ETH is currently trading at $2521, rebounding from a low of $2380 during the day, forming a hammer line pattern, indicating strong buying below $2400.
Key position: Short term resistance level of $2500-2600, breaking through or testing $3000; The support level is around $2300-2400 (near the 200 day moving average).
2. Fundamentals and market sentiment
Institutional allocation: 95% of BlackRock BUIDL Fund's assets are allocated to the Ethereum ecosystem, highlighting the institution's confidence in the RWA field.
On chain data: Whale Address recently increased its holdings of 120000 ETH, but ETF funds have been net outflows for three consecutive days, indicating a divergence between retail investors and institutions.
Technical upgrade: After the Pectra upgrade, developers plan to accelerate iteration speed, improve network stability and scalability.
3. Long Short Game and Strategy
Long opportunity: If you hold steady at $2500, you can call up to $2600-3000 and stop below $2300.
Short term risk: If it fails to break through $2600, it may rebound to $2400; Short positions can be tested at $2550-2600 with a stop loss of $2650.
In this rebound led by Bitcoin, we have witnessed the power of technical analysis and the infinite possibilities of the market. Let's remain calm and continue to follow, because the story of Bitcoin continues. Welcome to the live broadcast room for communication, and at the same time, share practical knowledge and secret tactics!
What will the market do next? Professor Pang Tong, who has ten years of theoretical and practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in!
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
