The dishwashing is still going on, and the bulls and bears are fighting, who can come out on top?
Market review:
The overall trend of Bitcoin yesterday was in a technical recovery after the sharp drop the day before yesterday. The upward shock touched the 14050 line at the highest level, and then started the callback road this morning. The lowest dropped to the 13680 line and then fluctuated around the 13700 line. The day before yesterday's decline was insufficient, the rebound was weak, and then it went down again to break the new low of 369. After that, it rebounded and fluctuated, and the highest reached the 389.5 line. At present, it has once again callback and fluctuated in the range of 380-390.
Bitcoin short-term market interpretation and operation suggestions:
Bitcoin short-term market interpretation and operation suggestions:
After yesterday’s rebound and correction, Bitcoin is currently running around the 13800 line as a whole. As I said earlier, the overall market is currently in a long-short competition, and the bull-bear conversion trend, so the market volatility has increased. In my personal opinion In fact, it is very normal. On the other hand, the opening of the US general election is also a big news that cannot be ignored. Although there may not be any decisive factors for the general trend of the market as a whole, it is obvious that there is still a certain degree of volatility in the market. There must be a certain promotion effect, at least in terms of volatility. It has been emphasized before that everyone should not be blindly bullish or bearish. The market as a whole is in a trend that consumes excess bull kinetic energy. The market will test suppression and support many times, so everyone can operate within the range by selling high and buying low.
2. 13950-13900 enter the market with empty orders, default stop loss, target 13650-13600
Ethereum short-term market interpretation and operation suggestions:
Ethereum short-term market interpretation and operation suggestions:
The overall trend of Ethereum is not the same as that of Bitcoin, but it has been fluctuating in the market. The overall fluctuation range is 370-390. Although the fluctuation is relatively small, I believe that entering the market is still very good. Then We can enter the market and take advantage of the trend to grab profits, and the overall operating range is 392-370.
1.390-392 entry layout empty order, default stop loss, target 370-372
