Bitcoin continues to shrink and fluctuate within the range, be wary of the main force suddenly sweeping the market

【Market review】

The trend of BTC yesterday was affected by the shorts above. The price has been suppressed in the morning, and the support below continues to move downwards to slow down the strong downward offensive of the shorts. The price is approaching the 7000 position all the way. After many efforts, it failed break in. Afterwards, the bulls gradually recovered. The price attacked in multiple directions at around 3:00 p.m., and the price fell back at 7200, down to the area below 7100, resisted by the bulls and support, and the price returned to the area above 7100. As of today, the price remains around 7120, and the market sentiment is sluggish. The situation is still in a stalemate.

【Market analysis】

BTC：【Market analysis】The daily chart shows that the MACD is running horizontally below the zero track. The middle track of the Bollinger Band at 7350 continues to suppress the rise of the market, and the lower track at 6950 is the lower support level of the market. The MACD on the four-hour line is in a bonded state below the zero track, and the Bollinger Bands are oscillating at the middle and lower tracks. The follow-up direction of the four-hour line is not very clear. Looking at the hourly line again, the MACD crossed at the zero track, showing signs of adhesion, but from its shape, it can be roughly judged that the market will continue to fall in a short period of time.

ETH：Suggested operation: enter the short position at 7100, cover the position at 7160, and set the stop loss at 60-120 points according to your own situation.Yesterday afternoon, ETH rose to around 144, and then it was suppressed and pulled back at the 120-day moving average. Then the trend tried to attack upwards, but they were all suppressed at the 60-day moving average. In a state of urgency, the RSI indicator also diverges downward, so it is recommended to be bearish on the overall trend.

Suggestion for operation: go short around 142 to 143, the market is not very big during the day, and it is enough to gain a profit of two or three points, so after waiting, you can go long around 139 to 140, and ignore it if there is a unilateral market Yes, take profit and stop loss, and strictly implement it.