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Can Bitcoin and Ethereum continue to rise? I'm afraid

薪火
特邀专栏作者
This article is about 974 words, reading the full article takes about 2 minutes
Can Bitcoin and Ethereum continue to rise? I'm afraid
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Can Bitcoin and Ethereum continue to rise? I'm afraid

Today's Information

Filecoin developer Jennifer said that the lotus 1.1.1 version has been released to improve wincount and block propagation. Although this is not a consensus-breaking upgrade, all miners and node operators are strongly advised to update to this version as soon as possible, especially any miners who have recently changed their worker keys. If not updated, the synchronization of several blocks may be turned off at intervals for a short period of time. This is also not a network reset, so there is no need to delete the Llotus repo. Just shut down node, grab the latest code, and build again.

Since December 2017, Grayscale Bitcoin Trust's assets under management have grown by more than $2.8 billion, including $2 billion in 2020, outperforming 97% of exchange-traded funds (ETFs) currently listed in the United States. Moreover, the position of 12,000 was still increased two days ago, and it can be expected that there is still room for upward movement, so we still have to have confidence in the institution.

10.25BTC technical analysis:

Bitcoin was consolidating at a high level in the white market yesterday for a period of time. It seemed to be calm. At night, it suddenly exerted strength and regained its position at 13,000. It is only a matter of time before it breaks through the previous high of 13,200. At present, the price seems to be There is no room for stepping back, and it may be a strong attack on the 14,000 position next week. Judging from the daily line, all the moving averages are trending well without the slightest downward intention, indicating that there is still a lot of space above.

From the 4-hour chart, the current K-line is located at the upper track of the Bollinger Bands, and the opening of the Bollinger Bands is upward, but the suppression of the upper track is not very strong. As shown in the attached indicators, the green kinetic energy of MACD is shrinking, and KDJ continues to continue its strong market upward. Judging from various indicators, today's market is still a volatile upward trend, so the main operation is to call back and do more. Today, focus on the short-term range, the pressure position of 13300 above, and the support position of 13000 below.

10.25BTC operation strategy:

Enter long orders around 13000, stop loss at 12850, take profit at 13200

10.25ETH technical analysis:

After Ethereum touched the position of 420 the day before yesterday, it is currently in a period of high volatility. However, the benefits of ETH2.0 in the later period are strong, and the market will continue to rise in the future. From the 4-hour chart, MACD has been continuously approaching the 0-axis after forming a dead fork, the green kinetic energy is also increasing, and the position of the previous high point is constantly moving down. Although the big cycle of Ethereum is bullish, today Xinhuo teacher-yym is optimistic about the trend of a callback and repair of Ethereum. The suppression of 420 above and the support position of 405 below, sell high and sell low in the range.

10.25ETH operation strategy:

Enter long orders around 1.407, stop loss at 402, take profit at 415

(The above operation suggestions are for reference only. The analysis has a certain timeliness, and the posting has a certain delay. The specifics are subject to real-time market conditions. Please strictly bring your own stop loss!)

Written by: Xin Huo

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