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Last night, the price of the currency surged to around 70000 before pulling back slightly, not stabilizing directly. After a long period of sideways fluctuation, the overall direction for the future has clearly shifted towards bullishness! On the technical side, the MACD golden cross and bottom divergence are resonating, continuously releasing bullish energy. The daily bullish momentum has just started; last night's surge can only be considered an appetizer. The downward momentum has clearly weakened, transitioning to buyers entering the market in volume. The trend reversal signal is clear, upward momentum is sufficient, and the double bottom pattern on the four-hour chart has formed, successfully recovering the strong line and completing a strong reorganization. The downward trend line and triangle have broken upwards in sync, and the bulls have taken control of the short-term rise, currently oscillating above 69000. Essentially, this is a preliminary washout of positions, accumulating strength for upward movement. The outlook is extremely clear; once stabilizing above the 70000 mark, bullish sentiment will fully explode, officially opening up a new round of upward space!
Bitcoin can be bought around 68800, targeting near 71000! Ethereum can be bought around 2012, with a daily target near 2100!
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