BTC's downward test is serious, and mainstream currencies will still be adjusted under pressure
BTC fell below 8000 points, the rebound gradually weakened, the trend remained suppressed, and the upper pressure was further strengthened. The lower track of the Bollinger Band was directly broken in the hour. The short-term trend triggered a break and drove the bulls to fall to the previous low point area, and the decline was still downward. Yansheng, constantly testing and suppressing the low point, the four-hour trend is under too much pressure, and the current rebound is relatively weak, the trend will continue to extend downward, if it breaks the key low point support below today, the trend will further drop to the 7400-7500 line , The operation is recommended to focus on empty orders, pay attention to the upper resistance 7900-8000 position, and the lower support 7700-7400 position.
The trend of ETH is under pressure, and the short-term trend breaks the middle track of the Bollinger Bands to further test downwards. At present, the continuous pressure on the lower track of the Bollinger Bands triggers the opening of the Bollinger Bands to open downward. A downward trend is formed, and the decline will continue to extend downward. The four-hour trend continues to test the lower lows, and the volume is eager to increase, but it has not broken the previous lows, and the trend remains within the Bollinger Band range. If it fails to break through the 165 position today and goes deeper, after the short-term energy is released, the trend will continue. Return to the rebound rhythm and continue to test upwards. The current heavy-duty posture is formed, and the bearish position is the main focus. Pay attention to the lower support at 165-160 and the upper resistance at 170-175.
After XRP went up to the 0.24 area, the volume decreased, and the trend entered a callback phase, and the pressure moved down. The trend further removed the previous low point, and then triggered a counterattack by the bulls below, and rebounded quickly. However, the pressure above was strong, and the market sentiment gradually turned to bears. There is still the possibility of continuation, but the bottom fails to break through the key support, and the trend will enter a trend of shock and stalemate. The operation is recommended to be high and low, pay attention to the upper resistance of 0.245 and the lower support of 0.235.
After EOS increased its volume upwards, the trend entered the rhythm of the callback, and then encountered the lower support to stop the callback trend, forming a small rebound, but the current rebound is lacking, and the trend is still in a suppressed posture. The hourly Bollinger has a downward trend, and the follow-up trend It will still continue to test the lower lows, and the four-hour trend is still within the Bollinger Band range. Once the trend stops at 2.7, it is expected to form a rebound trend, while the STOCH indicator forms a dead cross, and the upper pressure is still strengthening. Mainly bearish, pay attention to the upper resistance 0.28-0.285 position, and the lower support 0.27-0.265 position.
