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Don't let a temporary price fluctuation disrupt your lifetime strategy. Bitcoin rose from a low of 72333 this morning all the way up to 74444. Ethereum climbed from around 2163 in the morning to a midday high of 2288.
Looking at the 4-hour level, prices are showing short-term strong upward momentum with bulls breaking through previous resistance levels. However, the K-line formed an upper shadow, and the short-term trend has not developed into sustained rallying. Meanwhile, the KDJ indicator in the attached chart has entered the overbought zone, making a pullback from highs only a matter of time. Do not chase longs at high levels; expect downside this afternoon.
Today's Afternoon Strategy
Bitcoin short around 74100-74700, target 72600-71700
Ethereum short around 2290-2310, target 2230-2190#加密市场上涨 #比特币站上七万美元