Notice
Bitcoin's weekly closing has been completed.
On the last day of the weekend, Bitcoin made a retracement.
Currently, Bitcoin is still under pressure from the MA5 on the weekly level, and the same goes for Ethereum.
Yesterday's retracement tested the support near the monthly MA20 again. The rebound is relatively strong. It came back directly.
Currently, the monthly MA20 still has hopes of supporting a strong rebound. It is expected that the weekly MA5 will not be enough to block the rebound.
It looks like Bitcoin is going to retest the 100,000 mark.
Summary: Focus on low long positions. Still looking at the rebound.
Shenzhen Zhen Village Committee Party Branch #加密市场观察 $BTC
BTCUSDT
Perp
92,327.7
+2.14%
ETHUSDT
Perp
3,233.55
+1.32%