BTC/ETH market analysis: ups and downs are hanging by a thread, the market outlook will be dominated by long and short

特邀专栏作者

2020-06-19 20:06 (UTC+8)

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Ups and downs hang by a thread, and whoever decides whether to be long or short in the market outlook will determine the ups and downs.

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Ups and downs hang by a thread, and whoever decides whether to be long or short in the market outlook will determine the ups and downs.

【Today's Currency News】

Zhang Ping, an academician of the Chinese Academy of Engineering, said that blockchain technology is a very valuable and promising application technology. Under the new wave of blockchain development, the industrial development of blockchain needs to clarify related issues, depth Excavate the value of its existence and development, and make greater contributions to the city's economic and industrial development.

[Interpretation of BTC market]

Combined with the trend research and judgment of the previous few days, after the sharp rebound from the 8915 line, there was no substantial backtest. Although the two days were weak and turbulent, there was a dip, but the strength was not deep. After testing the lower support, the speed rebounded, indicating that the overall The bulls are dominant in the big picture. In the past two days, it has rebounded above 9550 several times to seek a breakthrough, but it has not succeeded, and it still lacks some energy and momentum. It is estimated that it will have to fluctuate for a day before confirming the general direction again. The short-term triangle upper track frequently suppresses the upward breakthrough of the currency price, and I personally expect that there may be a wave of strong unilateral rise! On the whole, the short-term cycle is still biased towards a volatile trend, and the constant sideways volatility and unstable trend are also accumulating strength for the market outlook. During the actual operation, attention should be paid to controlling the risk of the position and the ability to adapt to the situation after breaking the position and stopping the loss. For instant analysis guidance, contact V: whhs1403, I will do my best to help! The lower support is 9150-9250, and the upper pressure is 9500-9600.

BTC trading strategy reference:

BTC trading strategy reference:

1. Go short near the rebound 9500 and 9560, stop loss at 9660, target 9300-9200;

The above suggestions are for reference only. The market is changing rapidly. Real-time analysis and operation of real positions shall prevail. Please do a good job in risk control during transactions.

[ETH Market Interpretation]

From the daily level, the price is running above the MA30. In the past two days, the bulls have been trying to make an upward move, but they have been blocked by the upper pressure and fell back. It is obvious that there is a long-short stalemate, and the linkage of Bitcoin, the direction of shocks and accumulation of strength, then rebounds upwards The probability is greater, and it is not ruled out that there will be a wave of corrections before making efforts. In the short cycle, we still focus on being able to stabilize the 235 line. After stabilization, we will continue to test the pressure level of the 242-228 line. The focus below is on the 225 line support. It is expected that the depth of the correction will not be too large. We wait patiently, today we still maintain the operation of selling high and closing low in the range, and follow up after breaking the position.