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It seems that the current price of Bitcoin is around $70,000 is a bit confusing and the market is chaotic, so we might as well stay on the sidelines and be patient.


The following content is for personal reference only, and does not constitute specific operation advice, and investment should be cautious.
The analysis of the band trend according to the daily level is as follows:
Bitcoin (BTC):
Daily trend: bullish 5
Hourly trend: Bullish 3
Hourly adjustment: 1 bullish
Although Bitcoin broke through, it did not continue to be strong, and the current price has a certain floating loss for the bottom position at the purchase price of 70,300, but it is not too serious. The price fluctuations are within a reasonable range, and there is no obvious downward push wave, so it is recommended to wait and see the trend during the day for the time being. Today, we need to pay special attention to the limit point near 66700 below the channel, if the close falls below, the market risk will increase, and the liquidation swing position needs to be considered.
Ethereum (ETH):
The current trend is strong relative to Bitcoin, and holders who break through at 3490 need to be wary of the lower limit point of 3320 and remain cautious if the close falls below.
AVAX:
For the time being, it is still in the adjustment, consider waiting for the price to break through 50 before making a decision.
NEAR:
Positions that break above the 7.05 level can be held, the risk limit is at 6.8, and a break below the close will be in danger.
Solana(SOL):
Focus on the pressure level of 186.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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