ETH shorts are in a strong mood, and the rain is about to come?
foreword
Hello everyone, I am your friend "July", focusing on the trend prediction and market analysis of mainstream digital currencies such as BTC (Bitcoin) and Ethereum, helping more currency lovers to deal with risks rationally. To win in the middle, it is not enough to have first-class technology and rich experience, but also to have the mentality of judging the situation and the ability to control the situation. Welcome to talk about July!
Industry information
Hello everyone, I am your friend "July", focusing on the trend prediction and market analysis of mainstream digital currencies such as BTC (Bitcoin) and Ethereum, helping more currency lovers to deal with risks rationally. To win in the middle, it is not enough to have first-class technology and rich experience, but also to have the mentality of judging the situation and the ability to control the situation. Welcome to talk about July!
Market review
CoinW will open FOR recharge at 16:00 on June 16, and start FOR/USDT trading in the potential area of the platform at 16:00 on June 17. At that time, the FOR online event will start simultaneously with the transaction. During the event, the transaction can participate in sharing 50,000 FOR rewards, and the holding position can enjoy an annualized 50% return. FOR (The Force Protocol) is a distributed encrypted digital financial service protocol. Through the abstraction and encapsulation of distributed financial business processes, it empowers the development of decentralized financial applications with a one-stop solution.
market analysis
Market review
Ethereum was in a strong bearish mood yesterday, and the market went all the way down, breaking through the 220 mark below the line of defense, and fell back to the lowest position of 218.3; it finally ushered in the strength of the rebound, although the initial rebound was not very ideal, but as it continued at 223 The first-line oscillates, and the continuous accumulation of multi-party energy, the currency price finally ushered in a relatively large rebound, and successfully returned to the previous operation around the 232 line; if it can continue to maintain, it will continue to break through the resistance to run above 235.
market analysis
Compared with the big pie, the ether market has a larger trend. It fell by nearly 20 points yesterday. Although it rebounded in the evening, the market callback was large, but the recovery was small. It failed to rise to yesterday's high like the big pie: BOLL channel Running downwards, the upper pressure level is gradually moving downwards. At present, the currency price is blocked after touching the upper four-hour middle rail, but the bulls are not reconciled. The KDJ is still in a state of divergence. The MACD fast line is still moving upwards, and it has crossed the slow line to form a gold Fork, the market in the later stage of ether can still be dominated by bulls!
