Bitcoin and Ethereum market analysis: the market is in the blood-sucking stage
Yesterday morning, the title of the coin holder was "[Coin Holder] September 20th Bitcoin and Ethereum market analysis is the start of the waterfall". Currently, the price of Bitcoin is on the top line, and Ethereum is on the top line. In the previous articles of currency holders, it has been mentioned many times that Bitcoin and Ethereum have dropped many times, and the market of Bitcoin and Ethereum has fallen again in the evening.
Market analysis BTC: The bitcoin market once fell back to the 10753.25 line last night, and then the bitcoin market entered a rebound mode in the early morning of this morning. Currently, the bitcoin market is hovering around 10950. After yesterday’s fluctuation of about 400 points in Bitcoin, the high dead cross on the weekly moving average and the high dead cross on the indicators have formed, so it doesn’t hurt to be cautious and put risk control first.
Market Analysis ETH: It fell in tandem with Bitcoin yesterday. The lowest point of yesterday’s decline reached 365.04, a drop of about 16 points. On the weekly line, the current high-level dead fork has formed, but it is slightly behind Bitcoin in terms of indicators. In addition, it should be noted that the rise of Bitcoin and Ethereum in the past few days has been during the early morning to early morning period, and the distribution of chips has increased during this time period. Finally, the current market of Bitcoin and Ethereum has been in the blood-sucking stage, you can choose long and short, and pay attention to risk control.
