(7/31, Sun) btc once again broke short-term high and might headed to $27k

Yesterday(7/30 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $23769, its lowest as $23081, its highest as $24684, its closing as $23640. Bitcoin went sideways after the start of Saturday, then plummeted at 04:15 and reached a low above $23k, immediately rebounded and flattened again near the opening price, and started rising from 11:15, reaching a high at 13:00 and adjusting, ending weak flat.

If you look at the 4hr chart, Bitcoin, which broke the short-term high the previous day, broke through that high again and continued to rise, and undergone corrections, but it seems that the uptrend is still alive. On the daily chart, it appears to be moving sideways after completing an N-shaped uptrend, most likely heading towards $27k, where the 100MA is located.

The reason why Ethereum is seen as leading the uptrend in the cryptocurrency market seems to be that Ethereum supports a certain price level and then rises one step further. Currently, Ethereum seems to support $1700 and the next target is $2000. Perhapse it will achieve its goal within 3-4 days.