#BTC# Yesterday, with the heavy news of Mr. Art signing the executive order, market sentiment was completely ignited. The price of Bitcoin rose by 2%. This strong upward momentum has driven more investments into the market, which in turn has pushed the price to gradually climb, with both factors being closely related. The Ether market is even more spectacular, with an increase of 5.6%, continuously breaking through multiple key resistance levels, with prices stretching upwards, and new lows being constantly refreshed, achieving the best performance this year. Bitcoin gained nearly 1000 points from last night to today, while Ether entered around 4000 and exited near 4190, earning over 180 points of space.



On the 4-hour chart, Bitcoin has continuously closed in the green in a short period, forming a significant upward trend. The MACD values show a bullish crossover, indicating that bullish forces are gradually gaining the upper hand. The MACD for Ether on the 4-hour chart has also crossed, and although the trading volume is not large, bullish signals are still prominently displayed. On the hourly chart of Bitcoin, a simple moving average line forms a connected bullish trend, with support levels continuously rising, providing strong support in the short term. The price of Ether on the hourly chart steadily climbs, with the moving average system showing a bullish arrangement, and the highs are constantly refreshing with relatively small pullbacks. In the short term, the price trend of Bitcoin remains relatively stable, with slight pullbacks, but overall it still maintains an upward channel, and the orderly bullish arrangement provides strong support. Although Ether shows some fluctuations in the short term, it has a solid foundation laid previously, with strong support to rely on for any declines, leaving little room for significant downward movement, and the upward momentum remains strong.

The pancake is around 116500-116000, looking at the vicinity of 118000. Ether is around 4130-4100, looking at the vicinity of 4240. #ETH#
ETH0.53%
BTC0.24%
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