The momentum of the second bottoming intensifies, and the Bitcoin pomelo continues to be high-altitude
BTC (Bitcoin): BTC maintained a volatile downward trend on Monday, and it was volatile on Tuesday. The volatility of 200 points is really surprising. No matter whether it is long or short, it has little effect on those who have not participated in the transaction. For the trend of BTC Teacher Tan the next day has already explained very clearly that although the volatility is not as expected, the overall thinking is still within expectations, weak shocks, shocks are still the same. In early trading today, BTC fell sharply and hit a new low of $7,109 at this stage. Short positions are weak and are gradually approaching the key support level of $7,000 that Mr. Tan said. Will this position be broken? This plays a very critical role in the current trend. It is only a matter of time before it breaks or not. According to the judgment of the technical form trend, the probability of a break is still very high, but the international situation is still complicated in terms of news, and the global A storm broke out, Trump once again provoked a trade war, European and American stock markets plummeted, and risk aversion increased. Under normal circumstances, when risk aversion heats up, market funds will flock to safe-haven products (gold, Japanese yen, and even Bitcoin). The operation is as fierce as a tiger, and the ups and downs all depend on Trump. As for whether the currency market can benefit this time, it depends on the intervention of the market and market makers. However, it is still stable after the current wave of sharp falls.
BTC (Bitcoin) real-time operation suggestion: short above 7350 for the first rebound, stop loss at 7500, target near 7150;
Short-term upper resistance level: 7500/7700 Short-term lower support level: 7000/6800
BTC (Bitcoin) real-time operation suggestion: short above 7350 for the first rebound, stop loss at 7500, target near 7150;
EOS, ETH (Grapefruit, Ethereum): The balance of the short-term long-short trend turned to the short-term again, and continued to be dragged down by BTC. EOS also continued to decline. After a wave of sharp falls, it touched the key support of 2.6 and was on the verge of breaking down. Momentum is also at stake. There is not much to say about such a market, just follow BTC in terms of trend and operation. In the short-term, focus on the resistance around 2.7, and below that, you need to pay attention to the support at 2.6. In the absence of a confirmed breakout, you should not blindly chase ups and downs, and patiently wait and see is also waiting for the time to come. After breaking through the $146-155 range, ETH continued to drop, focusing on the $140-150 range today.
EOS (grapefruit) real-time operation suggestion: rebound around 2.70 and go short, stop loss at 2.76, target around 2.58;
(Text/Talk about Yu Kai)
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(Text/Talk about Yu Kai)
