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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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Good morning
Yesterday, the market for Bitcoin experienced a correction, which completely aligned with the forecast made yesterday morning! Until it stopped falling and started rising in the early hours, can it continue to surge today?
Yesterday, the biscuit and Ethereum both adjusted downwards, but there is a fundamental difference. The biscuit's adjustment is a normal pullback after the rebound from the previous day, and the evening adjustment did not break the position. In contrast, Ethereum's adjustment is a short-term pullback after last week's strong upward movement, and it has not formed a trend adjustment. It is expected that the biscuit will continue to fluctuate upwards today, expected to go above 120,000, with the short-term turning point for the biscuit at yesterday's low of 117,300. After yesterday's decline, Ethereum is also expected to rebound today, with pressure noted in the range of 3,650-3,700. If the daytime rebound breaks through the 3,700 level, the short-term adjustment will end, completing another upward wave on the daily chart. Of course, if the rebound is not strong, it will likely adjust again!