Yesterday, #Bitcoin stopped falling and rebounded, ultimately closing above the 5-day moving average. Today, during the Asian early session, the price is fluctuating between the 5-day and 10-day moving averages, with the future trend uncertain. From the weekly chart, the trend has risen to the 10-week moving average position this week, which is around the price of 114300. Additionally, today is Friday, and as we approach the weekend, if the price is to break out and rise, today is a highly probable event. Therefore, the focus today is on bullish movements. The long order at 110300 from yesterday's live channel can continue to be held, and the time frame can be extended!
#Ethereum experienced a significant fall yesterday, nearly breaking the lowest point of the week, followed by a slight rise. The current price is fluctuating around 4317. From the daily chart, it is expected to rise and break through the price of around 4360 today. As for whether it can further break upwards, it will depend on the strength of the upward momentum and the timing of the breakout. There is also a high probability of a rise to 4360 followed by a pullback. The absence of a lower wick on the daily K-line for Ethereum is also a hidden risk that contributed to Ethereum breaking below the opening price today. A specific assessment will be made based on the circumstances at that time.
#SOL fell below the 5-day moving average support yesterday, and the Asian session today shows signs of stopping the fall and rebounding, with the potential to return to the 10-day moving average position, around 205.
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Yesterday, #Bitcoin stopped falling and rebounded, ultimately closing above the 5-day moving average. Today, during the Asian early session, the price is fluctuating between the 5-day and 10-day moving averages, with the future trend uncertain. From the weekly chart, the trend has risen to the 10-week moving average position this week, which is around the price of 114300. Additionally, today is Friday, and as we approach the weekend, if the price is to break out and rise, today is a highly probable event. Therefore, the focus today is on bullish movements. The long order at 110300 from yesterday's live channel can continue to be held, and the time frame can be extended!
#Ethereum experienced a significant fall yesterday, nearly breaking the lowest point of the week, followed by a slight rise. The current price is fluctuating around 4317. From the daily chart, it is expected to rise and break through the price of around 4360 today. As for whether it can further break upwards, it will depend on the strength of the upward momentum and the timing of the breakout. There is also a high probability of a rise to 4360 followed by a pullback. The absence of a lower wick on the daily K-line for Ethereum is also a hidden risk that contributed to Ethereum breaking below the opening price today. A specific assessment will be made based on the circumstances at that time.
#SOL fell below the 5-day moving average support yesterday, and the Asian session today shows signs of stopping the fall and rebounding, with the potential to return to the 10-day moving average position, around 205.