The market has been fluctuating these past few days, and it may maintain a wait-and-see attitude. The volatility of the crypto market may contract before a breakout, but the specific direction still needs to be determined by considering other factors. Follow whether the evening unemployment claims data will break the deadlock?

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Bitcoin quickly stabilized after dipping to a low point of 110803 in the morning, and then oscillated upward to a high point of 113300 in the afternoon, with an intraday fluctuation of 2500 points. The daily level has shown a continuous upward trend, recovering the losses from previous corrections. In terms of price performance, it is constantly challenging the middle track of the Bollinger Bands. Whether it can initiate a new round of strong momentum in the future requires close attention to the effectiveness of breaking through the middle track at the 116000 key point. However, in the short term, upward momentum still exists, and it is recommended to follow the trend and maintain a bullish outlook.

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Ethereum's morning pullback reached a low of 4466 before rebounding, peaking at 4632 in the afternoon before facing resistance and pulling back again. The daily chart still shows a bullish trend, consistent with recent assessments. Currently, the price is hovering around 4600. In the short term, the bulls still dominate the rhythm; this rhythm is such that the strength in the afternoon essentially lays the foundation for the evening's direction. After the short sellers' pressure decreases, it will reduce the obstacles to the bulls. Compared to the upward space, the current pullback space is still defined as a correction rhythm that remains unchanged. In terms of operations, it is recommended to primarily buy on dips. It should be noted that the fluctuation base is relatively large, requiring higher accuracy for entry points. One should first pay attention to the support during the pullback process, and then look for opportunities to set up long positions. #ETH走势分析#