Bitcoin plummeted 900 points after hitting 10,000 points. Should it be a bargain?
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According to Jinguozi data, as of 8:00, the average long position ratio of OKEx trading elites was 16.11%, and the average short position ratio was 15.29%; the long position ratio of Huobi Global elite users was 48.80%, and the short position ratio was 51.20%.
Market review:
Market review:
Yesterday, Bitcoin tried several times upwards, trying to break through the 10,000-point mark to let the market enter a new chapter, but the suppression at the top of the 10,000-point mark was too strong, and it began to fall back after failing. In the evening, the upper suppression has not changed, but the sentiment of the bulls has gradually weakened, and the price has not even stabilized at 9800. At the beginning, the market began to continue the downward trend. The price has been going down all the way, and the low point directly went to 9101, which is a drop compared to the high point of 9980. Nearly 900 points, the bulls began to turn from strong to weak. The current rebound stops at the previous support position of 9400, and the current price is at 9326.
At present, as far as the daily level is concerned, after last night's round of diving, the currency price has pierced the middle rail and moved below it. The short-term strong support has been broken, and there is already a lot of space below. In the attached picture, MACD forms a dead fork and runs slowly and continues to increase in volume. The third line of KDJ is dispersed and turns downward, and the third line of RSI indicator is out of a stable trend; The price must be suppressed; the short-term short-term trend has appeared, and the bulls have begun to show weakness; but the market will not keep falling, and generally will recover appropriately after a sharp drop.
ETH market analysis
ETH market analysis
Judging from the hourly line, ether directly fell below the golden section 50 and 38.2. Although it rebounded in the early morning, it could not change the short trend. The center of gravity of the currency price is still moving downward. In the short term, ether still has room for downward movement. The above suggestion is mainly to rebound empty orders.
BTC Operation Suggestions
BTC Operation Suggestions
Stop loss and stop profit depends on personal habits. The white market market is changeable and the specific point will be given to me as a warehouse customer.
ETH Operation Suggestions
ETH Operation Suggestions
