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Bitcoin's negative decline dominates the market, and the accelerated decline will begin

张怡卉
特邀专栏作者
This article is about 599 words, reading the full article takes about 1 minutes
Today's new low shows that the bears are gradually approaching the 7100-7000 support point below, and the trend is still downward.
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Today's new low shows that the bears are gradually approaching the 7100-7000 support point below, and the trend is still downward.

【Market review】

At the opening of the market this morning, a sky-earth needle was obvious, and the market went up and down again. The highest was 7286 above, and then fell back to a new low of 7115 below. Looking back at yesterday’s bulls, the highest was 7265, and the lowest was 7135 around 11 o’clock in the evening. The pressure of 7300 above still exists, and today's new low shows that the bears are gradually approaching the support point below 7100-7000, and the trend is still downward.

【Market analysis】

BTC:【Market analysis】

ETH:At present, the market is already weak, the daily level has been falling continuously for many consecutive days, the market has been in a downward channel, and there is no intention of rebounding, and basically maintains a narrow range of fluctuations. It is running with a downward attitude; it can be seen that the mid-to-long-term upward trend is difficult to recover completely, so the bulls are not optimistic in such a weak situation, and the next step may be to test the support of the 7000 mark. Operating suggestions: 7150-7200 short, 7300 defense, the target sees 7000.

Ether fluctuated within a narrow range in the Asia-Europe market yesterday, and the US market was short-sighted, weakening from around 146, and the lowest was at the 142 line. From a technical point of view, the daily line closed with a small negative line, arranged in three consecutive negative lines, and the pressure above the short-period moving average was obvious; the four-hour period box broke down, and the opening of the Bollinger Bands expanded. Operational suggestions: Take a comprehensive look at the shock and go down, rebound and short. Short-term support: 138, 131.5; short-term pressure 146, 151.

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