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7.11 BTC-ETH



The U.S. tariff policy has boosted the economy by facilitating trade orders and attracting foreign investment for factories, leading to new highs in the U.S. stock market, and also driving BTC to rise this year and break historical highs. Last night, after BTC broke 113,000, the State-owned Assets Supervision and Administration Commission held a cryptocurrency study session, further propelling its rebound to the 117,500 line, while ETH simultaneously broke the 3,000 mark.

The hourly chart of BTC shows that after the K-line broke through the upper Bollinger Band, it continued to drive the middle band upward, with the three bands of the Bollinger Band opening constantly expanding, indicating a rise in bullish sentiment in the market, with a clear upward trend.

BTC retracement 1150-1155, target looks at 1175-1190

ETH retracement 2920-2950, target looking at 3010-3060
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