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Gu Jingci: 1.29 Bitcoin/Ethereum retracement does not change the upward trend, the market will still surge significantly
Bitcoin/Ethereum experienced a sharp rise and then a pullback after the interest rate decision early yesterday, but the pullback was relatively mild. This is a normal short-term correction during the upward movement. Once the correction is complete, the market will continue to rise sharply, with targets at 3200 and 93000 unchanged. Moreover, once these levels are broken, the weekly and monthly charts will stabilize, and the upward momentum will continue. Based on the four-hour and daily moving average indicators, the current market has retraced near key levels. Tonight, pay attention to support around 87000 and 2900. The overall space will be much larger later, so there's no need to worry about short-term fluctuations. The current long position strategy during the daytime remains valid; patiently wait for the market to rally and rebound.
The first target above is around 3050 and 89600, the second target around 3130 and 91500, and the third target around 93500 and 3230.
Daily analysis and strategy have a high success rate, which can be observed. Analysis and strategies are for reference only; please bear the risks yourself. The article's review and publication do not guarantee timeliness; please refer to real-time data! #金价突破5500美元 #GateLive直播挖矿公测开启 #美联储利率维持不变 #加密市场观察