Market analysis: BTC pulls up at night and returns to the consolidation range, ETH tries key resistance again
After the market opened at night, BTC rebounded strongly, and immediately returned to above 10,000 yuan. After a short period of consolidation, it went further upwards, reaching the highest position of 10322. Last night, Jiayong’s analysis suggested that the exit point for long orders was at 10050 , 10300, friends who entered the market in time once again seized this profit from the few opportunities. Although the overall trend returned directly from below 9900 to above 10300 before dawn, the daily chart did not break Jiayong. The emphasized suppression point is 10400, and the 60-day moving average has been horizontal here for a long time. If this resistance is not completely broken, it will still be difficult to have a strong upward trend in the future, and it is very likely to continue the consolidation of the current range today.
The trend in the BTC hourly chart fluctuated upwards after bottoming out. In terms of volume and energy, it finally bid farewell to the previous weakness. After the emergence of short-haired forces, the bulls also began to strengthen. In this case, they will soon bid farewell to the current consolidation range. Attached picture Among the indicators, MACD has increased its volume upwards, and the volume of bulls has already strengthened. After the trend is consolidated, there is still a chance to continue to rise. The Bollinger Bands open upwards, and the middle track will intersect with the MA30 moving average at 10,000 to form a bulls’ support. If the trend returns to this point again. , Just follow up with multiple orders in time. MA10 moving average and MA60 moving average intersect at the 10100 line to protect the upward trend. The current volume can see that the trend is less likely to fall back to around 10000. You can follow up with multiple orders at the 10100 line, four hours The 10400 line on the upper track of the Bollinger Belt continues to form resistance and suppression. The trend is expected to form a breakthrough today, and the position can be gradually reduced above 10300 to around 10400 to leave the market.
The rebound of ETH is even stronger. After the end of the period when the mainstream currency went up and BTC was in place, ETH and BTC moved in sync again, and they will continue to influence each other in the future. The Bollinger Bands expand upward in the four-hour level, and the MA5 and MA10 moving averages meet Line 211 forms a long-term defense, and the trend falls after going to line 223 on the upper track of the Bollinger Band. The trend will still be blocked here before the upside space is further opened. The current price is also in line 220. There is no further fall, and the volume of bulls It is also difficult to have a strong fall if it is strong. Today's operation strategy recommends selling high and buying low within the range, focusing on the range 211-223. Strictly control the position during the operation and take a good stop loss and take profit. Whether it is the accumulation of income in shocks, or the expansion of income in long-short heavy volume, Jiayong will bring you the most comprehensive analysis and suggestions to help you finally achieve ideal results.
