The short-term market sentiment is stalemate, BTC enters the adjustment stage and waits for an opportunity to attack
The BTC trend rebounded to the high point and then entered the adjustment stage. At noon, it went up again to break through the high point, but it failed to continue the upward posture. It still maintained the adjustment around 8200. At present, the upward breakthrough is gradually weakening, and the trend will enter the shock adjustment stage. The overall trend is still in the upward attack zone. When the trend stabilizes above the support of the bulls, it will also be the stage of an upward explosion. Good safe operation plan.
The daily trend maintains an upward posture, and the current heavy volume is increasing, but the overall market is still dominated by the bulls. Before the callback breaks through 8200, the situation is still biased towards the bulls; in the four-hour chart, the price remains above MA5, and continues to move up the Bollinger Bands The current situation is stalemate, the upward momentum has weakened, and the trend has a posture of downward adjustment. However, the risk of breaking the position has not yet appeared, and the pressure on the upper side shows signs of strengthening. As the long-short attrition war continues, if the evening trend still fails Breaking through the 8300 position, then the trend may turn downward. The current MACD indicator continues to move upward with the trend of the golden cross, and the market will have a strong upward will. If the trend remains above the 8200 line after the pressure is released, then the bulls will Test the impact to the high point again, but still need to pay attention to the counterattack ability of the bears. The operation recommends 8150-8200 to follow up with long orders. Friends who are stable can follow up at 8100-8150, and then look at the 8250-8300 area. If the upward penetration is You can see the resistance area at the highest point, pay attention to the lower support 8100-8000 position, and the upper resistance 8300-8400 position, grasp the rhythm and control risks when operating.
ETH broke out extremely strong in the morning, and further went to the high resistance position of 185, which triggered the suppression of short positions, and the trend entered the callback stage, gradually pushing towards the 180 position. The short-term trend has a further downward trend, while the overall trend remains on the upside. In the area, the upward will is strong, and the current volume can flow out, and the bears maintain a strong posture. The short-term trend has entered the rhythm of shock adjustment. The current price is maintained at the short-term support line of 180 for adjustment. If it breaks through the 180 position, the adjustment period will be extended. The price will fluctuate and adjust within the range of 175-182. It is suggested that long orders should be the main priority, and short orders should be supplemented.
LTC pulled up in the morning trend, but failed to break through the upper resistance suppression, and entered the callback stage. The current trend adjustment further extended downward and broke the middle track of the hourly Bollinger Band. The market's bearish sentiment gradually strengthened, and the upward ability weakened. The adjustment period will be further If it is stretched, the follow-up trend is likely to go to the 56 support area. The overall market is still on the upward side. The operation is recommended to focus on long orders, supplemented by short orders. In the short term, grasp the rhythm of shocks, pay attention to the lower support 56-55 position, and the upper Resistance 58-60 position.
