Market analysis: How long will it take for the ETH market predicted by Wall Street tycoons to come?
market news
secondary titlemarket news1. Hangzhou:
Promote the integration and application of blockchain, artificial intelligence, big data and other technologies in the central system; Hangzhou wants to build a city of blockchain industry.2. Point of view:
U.S. Treasury yields still likely to fall into negative territory, will benefit Bitcoin.3. Raoul Pal, former head of hedge fund sales at Goldman Sachs, said he is considering buying Ethereum because he believes. Ethereum will have a big reversal before BTC breaks out. he predicted,
News commentsAs Bitcoin (BTC) breakouts are imminent in the short and long term, so are broader crypto price gains.
Therefore, it is a long-term process for us to track news, and the logic of analysis is combined with historical experience. No one can get rid of the macro and conduct a single technical analysis, which has no great reference value, and it also has a certain amount of speculation.
BTC market analysis
secondary titleBTC market analysis
The long-term moving average of the 4H cycle changes from idling to more
, The process of reversal is a change of trend, and it is also a process of long-short conversion of volume and energy.9200+The position space is the buying range. We cannot predict when the market will start, but the relative safety factor and certainty of this position are worth participating in, provided that you don’t add leverage.
ETH market analysis
secondary titleETH market analysisIt was also analyzed in detail yesterday
The bottom of the 4H cycle center of 237 is formed, and a safe second buying point is formed, can enter.
At this stage, the center of gravity has moved up, and the center may continue to oscillate in the range of 237-248
, friends who have not increased their positions at 237 can choose to wait for the callback of 248, but we are not sure that the callback must occur in the 4H cycle. When the market starts, it may only be adjusted at a smaller level such as the 1H cycle and then rise. This At that time, there will be no adjustments in the 4H cycle, and this possibility also exists with a high probability.Current strategy:
wait!
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