Will BTC's continuous low-level arrangement will fall again for a long time?

During the consolidation phase, Bitcoin showed signs of a downward shock. Tonight, it couldn’t even reach $8,000. In the four-hour level, the Bollinger Bands closed again. The support near 7870, the short position in the attached indicators can gradually strengthen, and it will not end in a short time. Today, there are still many times to go down below 7800 to break the support. The trend in the daily chart is still unable to stabilize in the Bollinger Band Above the track, the overall shock arrangement is still continuing. The long position energy in the MACD indicator is weak, and the fast and slow line is consolidating at a low level. If it continues to fluctuate below 8000, the short position energy will continue to intensify, the downside space will open, and the general trend will also turn to Downward rhythm, and constantly making low positions, it is recommended to choose the operation strategy of rebounding and shorting today, enter the market with short orders around 8000, leave the market and pay attention to the 7800 line, after falling below 7700 US dollars again, continue to wait for the rebound to follow up, and seize this round of short selling. Chance. 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.
In terms of ETH, it can be seen from the four-hour level chart that both the MA5 moving average and the MA10 moving average are in a downward trend, breaking through the previous support at $173, and the trend stopped falling at the lower line of the Bollinger Band at 170 and rebounded slightly. The price is still running in the Bollinger Band. In the middle and lower track area of ​​, forming a low level arrangement, the MACD fast and slow line is running at a low level, and it is still below the zero axis and cannot strengthen, and the RSI indicator has also fallen to the bottom. The trend in the hourly chart fell back at night and did not further break the lower support. It is still fluctuating at a low level. The short position can take a break and wait for a further outbreak. The downward extension of the MA30 and MA60 needs to be rebounded to change. The trend has reached 170 After the position is below, it is successfully defended by the support force. At present, it can be seen that the decline of ETH has eased. Although the short-term trend of ETH price is slightly stable now, there are many resistances above, and under the influence of the big rhythm of BTC, it is recommended to rebound and short in operation. Entry 173, exit 169 Nearby, and pay attention to controlling positions and setting stop loss and profit.