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The midday price comparison is also showing a strong upward trend, influenced by news from earlier this morning, with the BTC price surging to around 87500 at midday today. Currently, the price is experiencing a slight pullback and consolidation. It is normal for the price to experience a pullback after a one-sided upward surge. Currently, the BTC price is running around 85700. On the Ether side, the midday price comparison tends to show a slow downward trend, with the Ether price currently around 2010.
Due to the time required for indicator adjustments, there is a demand for the market to enter a correction phase in the short term. The specific form of adjustment may be a high-level adjustment or a pullback adjustment, depending on the overall dynamics of the market. Currently, the short-term trend of the market is inclined to decline, and it may be accompanied by multiple peaks and pullbacks. Although a pullback trend exists, it is not a one-sided decline; thus, the overall trend will frequently oscillate. In the short cycle, we should mainly focus on the trend of pullbacks. If another rebound occurs, we need to be cautious about the amplitude of the pullback. This morning and during the day, we first look for a retracement adjustment, and then we look for a second peak.
Operation Recommendations
BTC 85000-85300 go long target 88000
Buy Ether around 2000 directly, target 2080.
#加密行情反弹 #BTC #ETH