Bitcoin jumps repeatedly at $10,000, but Ethereum is still so strong

I wrote before holding the currency that the three-needle bottom of Bitcoin and the phased rise after the previous double-needle bottom are not the same. In recent days, the bitcoin market has also verified what the currency holders said. There is a rebound upward trend. Although there has not been a waterfall in recent days, there has been a continuous negative decline on the whole, and the market is also oscillating in the range, which is relatively easy to grasp.

BTC market analysis: Looking at the daily line, the bitcoin market has repeatedly jumped up and down at the 10,000 yuan mark, and the lower tray is serious. Although the market has fluctuated in a range in recent days, and it is not as big as the profit given by the previous currency holders, the market is still relatively easy to grasp, and we can follow the market up and down. In addition, what we need to pay attention to is that on the daily line, the current market price of Bitcoin is near the MA120 moving average.

ETH market analysis: From the perspective of linkage, Ethereum still follows Bitcoin and continues to fall. On the daily line, the Ethereum market has fallen below the MA60 moving average. In recent days, the Ethereum market has fluctuated in a range like the Bitcoin market, and it only needs to be long and short repeatedly. Compared with Bitcoin, Ethereum is still relatively strong and has not fluctuated around 300. At present, the market price of Ethereum is around 337, which is also a good thing.