Good morning, friends. After the evening coin price surged near 11.57 and experienced a certain degree of pullback, the coin price has retraced to around 11.46, followed by a small stretch. The previous rebound trend has shown some continuation. The Ether side has been relatively stronger, with the price retracing to around 3661 and then quickly continuing the rebound to around 3736. Currently, there is a slight pullback, but it is still running above 3700. The strategy I provided in the midnight update has also been perfectly validated again. We got on board with Ether at 3667, and at the 3732 level, we easily captured 65 points, successfully taking the last swing trading of the midnight.


From the daily chart, the coin price has quickly returned to the indicator range with two consecutive bullish candles. The current coin price is running between the lower and middle tracks. According to various indicators, the current market is still in an overbought phase, and the bulls still hold a significant advantage. There is still potential for further price increases in the future. Looking at the four-hour chart, the coin price continues the previous slow upward trend with small bullish candles. After testing the upper resistance level in the early morning, it quickly fell back to the indicator range. The slow upward structure of the current coin price has not shown any obvious changes, and the MACD fast and slow lines still maintain a divergence. In the future, we will pay attention to the gains and losses of the upper resistance level. If it cannot stabilize effectively, the market may experience a pressured retreat. The current situation should still focus on short-term bullish interventions.
Buy Bitcoin around 114700, pay attention to around 115700; buy Ether around 3700, pay attention to around 3780.
#BTC# #ETH# #GateioInto11#
ETH1.78%
BTC3.55%
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