$BTC 10.1 Bitcoin price today: Bitcoin is currently running around 113,700, overall still in a wide range of fluctuations. The upward movement starting from the position of 108,566 is just the wave a, and currently, it is in the wave b fluctuation. After the fluctuation is completed, there will still be a wave c upward attack. So here, the main thing is to wait for the small-level structure to complete. If there is a pullback during the range fluctuation, it is still possible to consider going long.
Ethereum is currently around 4122, slightly weaker compared to Bitcoin. Since its rise from 3822, the first wave of the upward movement has basically been completed, and it is now in a phase of consolidation. A new upward movement is expected to follow, and it is crucial to observe whether it can successfully break through the previous high. If the breakthrough is smooth, the fifth wave can unfold successfully; if it encounters resistance, it may evolve into another structure, and adjustments will be made according to the situation at that time. In terms of operation, the fluctuation range of Ethereum is slightly larger than expected, and it is recommended to widen the stop-loss appropriately.
In summary, we are currently in a corrective wave B of a rebound, and after the adjustment is completed, there will be an upward wave C.
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MyNameIsXiaolai
· 16h ago
Is the commander not updating on Kuaishou anymore?
$BTC 10.1 Bitcoin price today: Bitcoin is currently running around 113,700, overall still in a wide range of fluctuations. The upward movement starting from the position of 108,566 is just the wave a, and currently, it is in the wave b fluctuation. After the fluctuation is completed, there will still be a wave c upward attack. So here, the main thing is to wait for the small-level structure to complete. If there is a pullback during the range fluctuation, it is still possible to consider going long.
Ethereum is currently around 4122, slightly weaker compared to Bitcoin. Since its rise from 3822, the first wave of the upward movement has basically been completed, and it is now in a phase of consolidation. A new upward movement is expected to follow, and it is crucial to observe whether it can successfully break through the previous high. If the breakthrough is smooth, the fifth wave can unfold successfully; if it encounters resistance, it may evolve into another structure, and adjustments will be made according to the situation at that time. In terms of operation, the fluctuation range of Ethereum is slightly larger than expected, and it is recommended to widen the stop-loss appropriately.
In summary, we are currently in a corrective wave B of a rebound, and after the adjustment is completed, there will be an upward wave C.