8.8 Market Analysis: Investing in Cryptocurrency through 401(k) Can Bitcoin Break Through Directly?

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丁君羡
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2 hours ago

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BTC: The daily chart of Bitcoin is influenced by positive news, with a medium bullish candle stabilizing above the 15-day EMA, indicating an overall bullish structure. In the short term, the price has broken through the key resistance of the downward channel, and it is expected to experience a wave of upward fluctuations at this position during the day. Pay attention to the key support around 115600; if this level is lost, it would mean the end of this rebound.

ETH: The smaller timeframe has already formed a V-shaped reversal, and this position is showing very strong momentum. It is highly likely to test the small resistance level at 3950. Keep an eye on the small support area between 3780-3800 below. If it stabilizes here without breaking down, it will likely test the key resistance area at 4000 in the future.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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