Bitcoin and Ethereum have been consolidating after the rally the day before yesterday. Let's start with the conclusion. Currently, Village Chief is still bullish.
From a liquidity perspective, the liquidity above Bitcoin is around 99,000. The main players have not yet taken action. It's a matter of the final push. Similarly, the liquidity around 3500 for Ethereum is also a matter of the final push.
On the daily chart, looking at the pattern, both Bitcoin and Ethereum have broken through their previous correction midpoints. Therefore, the bulls still hold the advantage. Today is Friday. Tomorrow is a statutory consolidation day. If there is no rally today, it might have to wait until next week. Be patient and wait for the main players to push the market. Currently, after consolidating near the midpoint, they are likely to target the liquidity above. #Bitcoin Shenzi Chen Village Committee Party Branch
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Notification
Bitcoin and Ethereum have been consolidating after the rally the day before yesterday.
Let's start with the conclusion. Currently, Village Chief is still bullish.
From a liquidity perspective, the liquidity above Bitcoin is around 99,000. The main players have not yet taken action. It's a matter of the final push.
Similarly, the liquidity around 3500 for Ethereum is also a matter of the final push.
On the daily chart, looking at the pattern, both Bitcoin and Ethereum have broken through their previous correction midpoints.
Therefore, the bulls still hold the advantage.
Today is Friday. Tomorrow is a statutory consolidation day. If there is no rally today, it might have to wait until next week.
Be patient and wait for the main players to push the market.
Currently, after consolidating near the midpoint, they are likely to target the liquidity above.
#Bitcoin
Shenzi Chen Village Committee Party Branch