BTC, ETH analysis: the key point has arrived, and the long-short battle is about to determine the direction

Yitian said [BTC market review]

Yitian said [BTC/USDT market analysis]

Yitian said [BTC/USDT market analysis]

From the perspective of the daily line level, an inverted hammer line with a long lower shadow line and almost no real part was collected yesterday; although there was a slight rise after the opening today, it was still suppressed by the yellow MA5 daily moving average. Under pressure, it fell back and consolidated around 9100; although it rebounded quickly after bottoming out yesterday, it collected an inverted hammer positive line, combined with the negative closing in the previous few days, and analyzed from the K-line arrangement, there are signs of reversing from short positions to long positions, but at present The market is still suppressed by the MA5 moving average, and the market has not successfully reversed; the purple J line of the KDJ indicator below has begun to rise upwards, and the three lines run in parallel; the energy indicator MACD fast and slow lines are still glued and running near the zero axis, and the short energy continues to release; Based on a comprehensive analysis, Yitian (aphz8705) believes that the current market is still in a bearish trend. If the daily K closes negative today, the bearish trend cannot be reversed!

1. When BTC rebounds to around 9100-9200, you can enter the market with an empty order, stop loss above 9400, and target 8900-8800;

Yitian said [BTC/USDT operation suggestions]

1. When BTC rebounds to around 9100-9200, you can enter the market with an empty order, stop loss above 9400, and target 8900-8800;

2. When BTC falls back to around 8750-8650, you can enter long orders, stop loss below 8500, and target 8950-9050;

Yitian said [Interpretation of the latest market price of ETH]

Yesterday, Ethereum hit a new low for this month and reached the 216.32 line. As a result, the market has strongly reflected the trend of continuing to go short; it was agreed to go short together, but you secretly went long; when the entire market was bearish ,We agreed to go short together, but you secretly went long!

The analysis in the market yesterday was all bearish, which is very reasonable, but one point that may be overlooked is that yesterday was the weekly K closing line. After the market bottomed out, the weekly K pattern is a barefoot big Yinxian , without the slightest lower shadow line, which is almost untenable in the K-line form, so it is normal for the market to rebound yesterday when the K-line was closed yesterday. If there are aggressive friends who enter the white market more, there will be profits , but the risk may be relatively greater!

Yitian said 【ETH/USDT market analysis】5.15%。

Yitian said 【ETH/USDT market analysis】

From the perspective of the daily line level, yesterday ETH received an inverted hammer Yinxian with a long lower shadow line, the lower shadow line completely pierced the lower track of the daily line BOLL, but when the market closed, it returned to the lower track area of ​​​​the BOLL channel At present, the market is under pressure at the yellow MA5 daily moving average, and the upper part is also running parallel to the BOLL middle rail to suppress the market; the lower KDJ indicator is running downwards, but the purple J value has risen upwards, and it will continue to form a golden fork The energy indicator MACD fast and slow line is still running parallel and downward near the zero axis, and the short energy continues to be released; on the whole, Yitian (aphz8705) believes that the current market needs to focus on the pressure of the yellow MA5 daily moving average (228.76). If the pressure here does not break through and stabilize, then the Ethereum market will continue to plummet in the market outlook!

Yitian said [ETH/USDT operation suggestions]

Yitian said [ETH/USDT operation suggestions]

1. Ethereum rebounds to the 226-228 area, it is recommended to enter the short position, stop loss above 232, the target first looks at 218-216; break the position and continue to hold, look at 208-204 below;

2. If Ethereum falls to the 216-219 area, you can enter long orders, stop loss below 214, and target 223-225;