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At this moment during the live broadcast, there is no significant fluctuation in Bitcoin, just a brief update on a few key structural ideas.
Since Bitcoin rose to a high of 123200 in this round, it has oscillated halfway to form a second high position, which is currently at 121000. These two high points have temporarily formed a short-term downward trend pressure. Currently, this pressure has been reduced to around 119200, and the current position of 118700 is very close to this pressure. In the case of this short-term pressure being blocked and retraced, the market will supplement the trend support of 98000-107000 in the short term. This support has risen to around 115300 (which has risen to 116200 today and is testing the rebound). This position is likely to fall below 114000, and the short-term space can be looked down to 4000 points
From the technical perspective of Ethereum, it was emphasized yesterday that there was a full bullish reversal signal on the daily and weekly lines, and caution was exercised against the risk of a major retracement. Today, it fell by 200 points! At present, the downward trend support has fallen below, and the next position is around 3470-3500.
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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.
