Morning, two messages to note: BlackRock deposited 3,401.98 BTC and 30,215.6 ETH into Coinbase. Whale deposited 2,500 BTC worth $173 million into BI.
Analyzing the K-line trend, Bitcoin rose from 60,000 to 70,000. The V-reversal is not very clean, it’s sluggish and lacks strength, indicating an unstable bottom and the possibility of testing lower levels. So, stay defensive. If the four-hour chart can push higher in the next couple of days, aiming for 72,000 is ideal. Long positions should be reduced, and look for entry points for short positions. Whether they are pulling the market up and scaring people or preparing for a dump, the four-hour candlestick pattern should also show some upward movement.
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#加密市场观察
Morning, two messages to note:
BlackRock deposited 3,401.98 BTC and 30,215.6 ETH into Coinbase.
Whale deposited 2,500 BTC worth $173 million into BI.
Analyzing the K-line trend, Bitcoin rose from 60,000 to 70,000. The V-reversal is not very clean, it’s sluggish and lacks strength, indicating an unstable bottom and the possibility of testing lower levels. So, stay defensive. If the four-hour chart can push higher in the next couple of days, aiming for 72,000 is ideal. Long positions should be reduced, and look for entry points for short positions. Whether they are pulling the market up and scaring people or preparing for a dump, the four-hour candlestick pattern should also show some upward movement.