Notification


The weekly candles for BTC and ETH have closed.
On the last day of the weekend, both BTC and ETH made a sudden reversal.
Currently, on the weekly chart, BTC is still being suppressed by the MA5, and ETH is in the same situation.
Yesterday’s sudden move retested the support near the monthly MA20. The rebound was quite strong and bounced back in a V-shape.
At present, the monthly MA20 still has a good chance to provide strong support for a robust rebound. It is expected that the weekly MA5 will not be enough to block the rebound.
It looks like BTC will retest the 100,000 level.
In summary: prioritize long positions; still looking for a rebound.
Shenzhen Chen Village Committee Party Branch
BTC2.82%
ETH3.95%
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