Bitcoin and Ethereum in the Danger Zone

[BTC market analysis] In the previous serial article, the holders wrote that Bitcoin is currently in a medium-to-high risk zone in the cycle, and the momentum of compensatory gains has been extinguished again and again. On the contrary, short indicators are frequently appearing, just like what the holders wrote The high point of Bitcoin has moved down again and again, and it is not recommended to blindly chase the high point. On the evening of the 17th, the Bitcoin market made a desperate fight, the main funds entered the market, and the market directly hit a new high of 12448.39 to attract more. I believe that many friends did not expect Bitcoin to fall sharply the next day. This is typical. of retail investors take orders at high positions.

[ETH market analysis] Ethereum holders have also written before that when Ethereum led the rise of Bitcoin, although the correlation between Ethereum and Bitcoin has weakened, it has not been cut off. It has been 10 days since the continuous rise of Bitcoin and Ethereum, and the correlation is strengthening. It can be seen from the daily charts of Bitcoin and Ethereum that although the main funds are about to form a dead cross phase of the MA5 daily moving average and the MA10 daily moving average, they will pull up strongly, but what should come will still come.