Market Analysis: Leading Ethereum, Beating Bitcoin

As mentioned in previous articles by currency holders, the market is currently in a medium-to-high risk zone. It is unhealthy for Bitcoin’s market to move from a high point to a phased rise, and then to a waterfall of 900 points yesterday. In life, I am not afraid of climbing up from the bottom, but I am afraid of sitting alone on a high place. A friend who turned from the stock market to the currency circle told me before that he was going to do medium and long-term bottom hunting. I just want to say that with the current market conditions, short-term contracts are the kingly way, after all, the boat is small and easy to turn around.

Analysis of the BTC market for currency holders: It can be seen that after yesterday’s 900-point fall, the phased rise of a few days has returned to before liberation. At present, the market as a whole is in a sideways state near 11400, which requires the accumulation of energy between long and short to decide the next direction. On the whole, the bitcoin market has bottomed out around 11100 a few times, and we can continue the thinking of the previous currency holders.

Analysis of the ETH market for currency holders: The recent Ethereum market is in a leading position. Of course, yesterday’s waterfall market was the fault of Bitcoin. As far as Ethereum’s market price yesterday, I just want to say that it led the rise of Ethereum and the collapsed Bitcoin. The waterfall of Ethereum yesterday was close to 70 points, directly engulfing the big positive line of the day before yesterday. Compared with the weak rebound of Bitcoin after passing the waterfall, Ethereum is still a little bit better.