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#以太坊行情解读 Monday Morning Review | Bitcoin Ethereum Technical Analysis
The trend from yesterday shows that Bitcoin stabilized around 87500, and then it didn't rest, surging all the way up to 89600. Just looking at the daily candlestick chart, you can feel the enthusiasm of the bulls - three consecutive days of bullish candles, this rhythm is indeed good.
Looking at the four-hour chart again, although the trading volume has slightly declined, the candlestick is still green, and the KDJ has formed a golden cross at the lower levels and is continuing to rise. At the hourly level, it is even more evident, as the bullish candlestick has broken through the middle band with increased volume, and all the moving averages are lined up in a bullish manner. After this analysis, the main theme of the market in the short term is still the bulls taking center stage.
Technical indicators suggest reference positions:
$BTC Current 88000, looking at the 89500-89900 range
$ETH current 2900, looking at the 3080-3100 range
$BNB Sync Attention
Let's track this market trend together on Gate.com exchange.