BTC, ETH analysis: the key point has been reached, if this position is not broken, it will continue to go short
Yitian said [BTC previous market brief introduction]
Yesterday, Bitcoin opened at the 9158.9 line, the highest reached the 9190.0 line, the lowest reached the 9028.0 line, and closed at the 9123.8 line. The increase reached: -0.38% (-34.4), and the amplitude reached: 1.77%.
The bitcoin market is currently quoted at the 9184 line. After closing the line last week, the current market has been in a rebound trend. The key point above is at the 9300 line. As long as the key pressure level here is not broken, then the market outlook is still a bearish trend, a big cycle The suppression at the top is very obvious, and the small cycle indicators have a tendency to turn long, but these phenomena are the needs of the current market rebound trend!
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
From the perspective of the daily line level, a negative line with a long lower shadow line was collected yesterday, and the lower shadow line touched the lower rail support of the BOLL channel at the lowest point. After today's opening, the market has slightly increased, but it is still affected by the white MA10 moving average ( 9280) suppression; the current daily BOLL channel is running downwards and showing signs of closing, and the KDJ indicator below has risen upwards, showing signs of forming a golden cross; the energy indicator MACD fast and slow lines are running in parallel near the zero axis, and the short energy continues to release On the whole, Yitian (aphz8705) believes that although the current market is rebounding, as long as the strong pressure above 9300 does not break, the market will continue to go short!
Yitian said [BTC/USDT operation suggestions]
Yitian said [BTC/USDT operation suggestions]
1. When BTC rebounds to around 9200-9300, you can enter the market with an empty order, stop loss above 9450, and target 9050-8950;
Yi Tian said 【Interpretation of ETH historical market quotation】
Yi Tian said 【Interpretation of ETH historical market quotation】
Yesterday, Ethereum opened at the 226.16 line, the highest reached the 227.86 line, the lowest reached the 221.25 line, and closed at the 223.98 line. The increase reached: -0.96% (-2.18), and the amplitude reached: 2.92%.
Yitian said 【ETH/USDT market analysis】
Yitian said 【ETH/USDT market analysis】
From the analysis of the daily line level, the BOLL channel runs downward. The white MA10 daily moving average and the BOLL middle rail are glued together to form a strong pressure above the Ethereum market. The yellow MA5 daily moving average has crossed the middle rail and each moving average system has a negative impact on the current market. Suppressed; the currency price continued to close down on the daily line yesterday, and the overall trend remained in the middle and lower tracks of the daily BOLL channel. At the opening of the morning, the bulls first launched a wave of strong upside, directly breaking through the resistance of the MA5 daily moving average to test the resistance level of the daily line BOLL; the purple line of the KDJ indicator below has risen upwards, showing signs of forming a golden cross, and the energy indicator MACD fast and slow line dead fork Continue to run downward near the zero axis, and the short energy continues to be released; on the whole, Yitian (aphz8705) believes that the current trend is in a period of shocks between small groups, and intraday operations suggest high altitudes and low multiples.
Yitian said [ETH/USDT operation suggestions]
Yitian said [ETH/USDT operation suggestions]
1. Ethereum rebounds to the 229-231 area, it is recommended to enter the short position, stop loss above 234, and the target first looks at 224-221;
That’s all for today, we’ll see you in the next article, if you have trading issues about spot goods, contracts, etc., you can continue to pay attention to Yitian!
Text/Original Yi Tianshuo (aphz8705)
That’s all for today, we’ll see you in the next article, if you have trading issues about spot goods, contracts, etc., you can continue to pay attention to Yitian!
