Market Review
BTC continued to rise over the weekend, currently breaking through 81,000 and hitting a new high. After a slight pullback yesterday, it quickly recovered, with a very strong short-term trend, exceeding previous expectations. Recently, focus on fundamental information, as the current technical indicators have become invalid. The expected trend remains oscillating upward, and those with positions should hold. The daily level remains healthy, and the weekly level has formed a golden cross, maintain holding, and remain confident. The altcoins followed BTC's synchronous rise, continuing to catch up, already breaking through 3,200. After a slight pullback yesterday, it quickly recovered, with an expected intraday pullback and adjustment, and a relatively fast short-term rise, a recovery trend, and expected to continue rising. The altcoins followed the mainstream to rise synchronously, SATS can be patiently held, and around 50 can be considered for clearing. PEOPLE has repaired the previous trend, without a significant rise during the election period, and many people have gotten off the car, which can be considered to continue holding. FTM maintains holding.
Highlights for Today:
BTC: The 1-hour and 4-hour levels have entered the overbought zone, and the daily level has entered the overbought zone. Intraday is expected to pull back and oscillate upward, and the long-term trend is not weakened. Intraday support is 79,000-79,500, and resistance is 81,500-82,000.
ETH: The 1-hour and 4-hour levels have entered the overbought zone, and the daily level has entered the overbought zone. Intraday is expected to pull back, and those with positions can be slightly reduced. Intraday support is 3,000-3,050, and resistance is 3,250-3,280.
