The market finally showed its color, who will compete in the later stage?
Today's market analysis:
Today's market analysis:
Bitcoin has been oscillating and descending during the day, until it touched the position of 9120 until now, and then slammed upwards by 100 points. From a four-hour perspective, the market broke the upward channel and was at the bottom of the downward channel. It crossed the dead cross in four hours The state and the k-line are also suppressed by the big cycle. There are signs of downward opening in four hours. If the rebound is not strong, the short-term trend will start again in the later period. Looking at the daily line, the market has fallen below the middle rail of the Bollinger Bands, but it has also been blocked Many armies were pulled up, and there was no effective breakthrough, but the middle track of the Bollinger Bands showed signs of extending downward. Pay attention to the waterfall in the later stage, and the downward channel of the daily line is now facing the upper edge to make a callback, but it is not in place, so it is necessary to do more. Cautiously follow the market
If the market breaks 9160 and the callback cannot be made, take advantage of the trend to short, stop loss at 9220, and take profit around 9070.
If the market breaks through 9240 and cannot be stepped on, take advantage of the trend to go long, stop loss at 9180, and take profit around 9320.
The short position of BCH is very strong for Bitcoin. The dial started yesterday, and it went down unilaterally all the way. It fell from around 236 to around 224. The subsequent rebound was also strong. When it met the pressure of 231.50, it started to go down again. At present, it formed a double in 15 minutes. Bottom shape, just formed a golden cross state in an hour, but it is currently suppressed by the middle rail of the Bollinger Bands. If it can break through and pull back, it can establish a long direction. Looking at the daily line, the market wants to go to the dead cross trend but it has not been established. Everyone pay attention It is a false decline in the market followed by a strong upward movement.
If the market breaks through 227, it will not be able to pull back, so take advantage of the trend to go short, stop loss at 229.50, and take profit around 224.
The market breaks through 231.50 and cannot be stepped on, so take advantage of the trend to go long, stop loss at 229.30, and take profit around 235.
Looking at the ETH market, although the market has not fallen as sharply as BCH, the overall market volatility is still relatively considerable. At present, the market has begun to exert its strength, and one line has drawn up by 2 points. In the later stage, we have to pay attention to whether this position can be effectively supported, and if not, it will go down. Looking at the daily line, kdj wants to cross the dead cross state, but it has not yet been completed. Note that this node is inserted up and down, and it has reached the previous strong support position in four hours, but it has not broken down, so the market is still a bit unclear about the long and short positions, but If the support can be effectively broken, then the market will also come to a big empty in the later period.
The market breaks through 241.50 and cannot be stepped on, so take advantage of the trend to go long, stop loss at 239.70, and take profit around 244.


