Bitcoin and Ethereum Market Analysis: Phased Rising Bitcoin

Recently, Bitcoin has undergone a phased increase for two consecutive days, from around the 11,400 line to around the 11,600 line. Here I want to say that after the pull up, the Bitcoin market will slowly fall, and then continue to rise, and so on. Ethereum has recently led a strong rise and has passed all the way. Today's high point reached the 430.2 line, which is close to the previous year's new high of 445 line.

BTC market analysis: Judging from the current hourly market trend, the phased rise is not healthy, just like what the holders said just now, the Bitcoin market after the rise is a slow decline. Just move the stop profit. At present, the bitcoin market has returned to the line around 11600 through a phased increase, and it has rebounded slightly from the continuous downward movement of the bitcoin high point that the currency holders said before. We still need to pay more attention here.

Analysis of ETH market: The market of Ethereum has led the rise recently. From yesterday to today, Ethereum has fluctuated by 30 points, compared to Bitcoin’s fluctuation of around 270 points. Especially since 17 o’clock yesterday evening, the market of Ethereum has been going all the way Pulling up, the current market has fallen back, and it is harmless to be cautious about Bitcoin and Ethereum recently. After all, currency holders have said before that the market of Bitcoin and Ethereum is currently in a medium-to-high risk zone.