Bitcoin (BTC) is rising as scheduled, and the bulls have passed five hurdles all the way, and they are bullish and take advantage of the trend without saying anything. Review the market of the next day: the Asian market fluctuated and rose, and then a wave of rising to a new high of 28,585 US dollars, the European market remained stable at the high level, and a wave of unexpected crashes caused it to dive to the 27,320 US dollar line, and the short-term unexpected reversal did not The bullish trend has not been changed. The price of the currency in the U.S. market continued to rise and once again stood firm at the 28,000 USD mark. The price of the currency continued to rise in the early morning until today the price of the Asian market currency broke through the 29,000 USD mark strongly. After touching the first line of 29,309 USD, there was another wave Zapan fell to $28,138, and currently rebounded slightly to consolidate at $28,660.
Bitcoin, on the daily chart, it has received three consecutive positives, especially in the case of receiving a solid positive line the next day, the bulls are stable and continue to be bullish. BOLL is in an open state, and the upside space is also extended to the upper track of BOLL at 29,800 US dollars with the adjustment and repair of the market. The short-term MA5/MA10 continuous golden cross upward movement provides strong support at 27,750/26,100 US dollars respectively. The major technical indicators in the short cycle are running upwards, and the attached MACD continues to increase in volume. It is expected that the pie will continue to maintain an upward trend. In the short term, Bitcoin is affected by the smashing market, and a pin is down, which temporarily hinders the bulls, but it does not affect the bullish trend. On the contrary, a wave of retracement will give you a good opportunity to do long. At the bottom of the short-term, focus on the support of the hourly BOLL middle rail at $28,300, and at the top, focus on the resistance at the intraday high of $29,309. In terms of the intraday market, the teacher predicts that it will still be the same as the next day. The probability is relatively high, and we still maintain the main and multiple thinking in trading, but we must also beware of the impact of smashing the market at any time, and short-term risks must be well controlled.
For the medium and long term, the target of the $29,000 mark has been successfully reached. Next, let’s look at the challenge of the $30,000 mark. At present, there are still more than 1,000 points of profit at the top. It depends on how you grasp it. The next day, I also said that New Year's Day is likely to usher in a wave of red envelopes, so if you don't get in the car at this time, how long will you wait. For spot traders, many friends who have just entered the circle have found me recently. I just want to say that every time Bitcoin falls back is a moment for you to hoard coins. Spot is different from a contract, followed by funds and positions. The quality of control is what determines your profit.
Short-term upper resistance level: 29000/29300 Short-term lower support level: 28400/28000
BTC (Bitcoin) real-time operation suggestion: go long at 28200, stop loss at 27900, target around 28800;
Ethereum (ETH), every time there is a big drop, many people always think about the reversal of the trend, and Mr. Tan always emphasizes that the recent volatility of Ethereum is relatively large, and every drop is done for you. What a great opportunity, the fluctuation of tens of dollars completely surpasses the fluctuation of two thousand. This wave of bull market has risen by nearly 200 points. What is the concept? One point of operation is 100 US dollars, and 200 points is 20,000 US dollars. The daily line has seven consecutive positives, and the bulls are climbing unstoppably, setting a new high again, and taking another step closer to the $800 mark. BOLL is open, and the upside space is expected to extend upwards with the operation of the market. Affected by the big pie in the early trading, Ethereum also took a wave of diving and the market broke through the 750/740/730 mark one after another. The current market is stable Above $730, there is a short-term adjustment demand, but the general trend is still on the high side. In the short-term, focus on the resistance around the $750 mark. After all, it has reached this position twice and fell back. Only when it stabilizes above the market will it enter the next wave of highs, while the bottom part will focus on the support around $728, and maintain a long position in operation The idea is to proceed, if the European market stabilizes above 730 US dollars, you can directly take advantage of the trend to go long.
Short-term upper resistance level: 740/750 Short-term lower support level: 730/720
ETH (Ethereum) real-time operation suggestion: pull back at 730 to go long, stop loss at 722, target near 742;
