QKL123 investment research: Bitcoin adjusted after a new high, need to be alert to risks
Market overview:
During the New Year's Day, Bitcoin accelerated to hit a new high, leaving a CME gap of 29220-33405. On Monday, it fell sharply by nearly 5,000 US dollars and fell to 28,000 US dollars. It made up for the CME gap left by last week. To a certain extent, the CME gap is related to the price The side of the divergence can be used as a reference position for extreme market conditions. The subsequent rebound and volatile market on Tuesday provided a window period for popular sector currencies with relatively small market capitalization, such as LRC in the Layer2 sector, WNXM, SOL, and SRM in the DeFi sector, and other currencies rose sharply; Bitcoin continued to hit its previous high today, However, there is no effective breakthrough, and we need to be alert to risks.
BTC/USDT review analysis
As shown in the figure, Bitcoin formed a wide convergence structure after falling from a new high, and then broke through the upper edge of the convergence structure in the early morning of yesterday and started to rise all the way, forming a small-level shock structure near 33300-33600 to form a short-term support level, below the large level Support is focused around 32,000 and 30,700. If it falls below 28,000, it may be a short-term peak signal; if it can consolidate and accumulate strength around 34,000, it is expected to continue to rise.
ETH/USDT review analysis
ETH/USDT review analysis
As shown in the figure, Ethereum is at the end of the convergence structure, and is about to choose a direction, focusing on the trend of Bitcoin. If Bitcoin can stand around 34,000 or continue to rise, Ethereum may choose to follow the upward trend; times the decline of Bitcoin. The previous high of 1170 above Ethereum constitutes a short-term pressure level, and the lower support focuses on the 1000 integer and around 890.
As shown in the figure, UNI is in the 4H level rising channel, but the uncertainty in the channel is relatively large, and it is not suitable for large leverage operations. At present, UNI has a tendency to pull back. The short-term support below focuses on the vicinity of 5.65 and 5.2, and the mid-term focus on the support strength of the 4.8 position.
This article is for reference only and does not constitute any investment advice
