Bitcoin hits 10500 again? Can Ethereum recover?

Today's information:

Bitcoin is one of the biggest potential winners as investors grow increasingly uneasy about the Federal Reserve’s inflationary new deal. When only relying on gold to hedge a portfolio, for gold to have a meaningful impact on overall performance, a large allocation would have to be made, thus requiring a significant portion of other assets to be swapped out. And because gold prices are close to historical highs, some people worry that there is not much room for gold prices to rise. It is through this lens that many have come to see the Bitcoin asset as an opportunity.

BTC market analysis:

BTC market analysis:

In the four-hour chart, the currency price has been above the 5-day moving average since this morning, and the lower support level is at the 5-day moving average of 10450. Today this line will become the weathervane to determine the direction of long and short.

Suggestions for BTC intraday operation:

Suggestions for BTC intraday operation:

2. Enter short orders around 10670-10700, take profit at 10570-10550, and stop loss at 10780.

ETH market analysis:

Ethereum dropped down to the 335 line several times yesterday but failed to break through. It quickly stood above the 340 line, indicating that the support of the 335 line is still strong. The support below the ether today will first look at the 5-day moving average 340 position in the four-hour chart. , followed by yesterday's strong support at the 335 position. For upper suppression, first look at the 350 position, followed by the 360 ​​position on the middle rail of the four-hour Tubuling belt.

Suggestions for ETH intraday operation:

Suggestions for ETH intraday operation:

1. Enter long positions near 340-338, take profit at 345-348, and stop loss below 335;