The mad bull continues to run wildly, the medium and long-term layout of Bitcoin and Ethereum and the release of empty orders
For the rest of your life, please learn to live for yourself. Do what you want to do, see where you want to go, and meet whoever you want to see. You have only one life; your future is up to you. If you think life is too difficult, make yourself simple; if you think life is too bitter, add some honey to yourself. Just like what Sanmao said: "Eat a candy every day, and then tell yourself that today's day is really sweet again." The rest of your life is not long, I hope you smile every day and exercise regularly; put what should be put, and what should be forgotten forget. May you have no disease in your body, have money in your pocket, have nothing in your heart, and have light in your eyes.
In the morning, I still habitually open the market. Bitcoin and Ethereum are crazy, and continue to set new highs. Bitcoin’s highest strength broke through the $37,000 mark, and Ethereum also broke through the $1,220 mark. The psychological goal of many people is to make profits as scheduled. Recently, the bitcoin market has been so crazy. Under the report of CCTV, the leeks in the whole country are boiling, and the surge of bitcoin is inseparable from the dedication of every retail investor. It took less than a month for Bitcoin to go from breaking the $20,000 mark to 30,000 and then to today’s high. It took less than a month for it to rise all the way to the bull market and then to the state of mad bull. This is definitely a miracle in the financial world. Currency trading is like stock trading. Anyone who has experienced stock trading knows that bulls are short and bears are long, but it is different in the currency circle. When the bull market comes, you can’t stop it. You think the bull market is over, and you think there will be another bull market. Bobby is strong. Looking at the recent mainstream currencies in the currency circle, Bitcoin and Ethereum are in a continuous bull market, without too many callbacks in the middle, and some people have no chance to get in the car, while Ripple is in a bear market, and there is not much down along the way The rebound, some people who want to get off the car have no chance, which is ridiculous and sad, regardless of the bull market or bear market, every day is a bull market if you grasp it.
Bitcoin (BTC) received a solid positive line on the daily line, and the bulls were strong and set new highs. The currency price is running along the upper track of BOLL, and the bulls are rising steadily. BOLL is in an open state, and the upside space is also extended upwards with the consolidation and correction of the market. The moving average MA5/MA10 is continuous. Obvious resistance, there is no high point above but a higher point, and in the short term, we can pay attention to the pressure of the $38,000 mark. The short-term KDJ three lines intersect and run upwards, and the red kinetic energy of the attached MACD continues to increase. It is expected that the pie will continue to maintain an upward trend.
In the four hours, under the boost of a big positive rebound, the currency price strongly broke through the upper track position of BOLL and went up along the upper track. The continuous golden cross of MA5/MA10 supports its upward movement. The short-term KDJ three lines intersect and run upwards. The MACD red kinetic energy in the attached picture continues to increase. It is expected that the pie will maintain a volatile upward trend
To sum up: The main factors for the rise of Bitcoin this week on the news surface are the severe outbreak of the national epidemic, changes in institutional positions and premiums, and at the same time, the market's bullish sentiment on Bitcoin is still high. From a technical point of view, Bitcoin still maintains the posture of the previous rounds of bull market. There is no excessive correction during the surge, and the rise is also a correction, so the market outlook continues to be bullish. At present, Bitcoin has been rising all the way and harvesting profits all the way to a new high. Next, focus on the $40,000 mark, which is still a few thousand points away from the target. At this time, everyone can plan the medium and long-term according to their actual situation. In the short-term, the market does not have too many callbacks, but we can judge according to the real-time technical situation. Friends who hold empty orders should pay attention. Once again, there are not many opportunities for you to pull back and unwind. Protect your capital well. For those who are currently hoarding coins, the decline in the market is still an opportunity for you to hoard coins. It is recommended to focus on mainstream coins. If you are uncertain about the interpretation of technical market and news, or you have a set list, you can discuss it with Mr. Tan. Subscribe to the official account; Currency Circle Retail Alliance.
Short-term upper resistance level: 37000/37300 Short-term lower support level: 36000/35500
Ethereum (ETH), is invincible, how lonely it is to be invincible, the entire currency circle is thriving, and the rise far exceeds that of the big pie. After Ethereum broke through the $1,160 mark in the U.S. market the next day, the market continued to rise as scheduled, and the target of the $1,200 mark was also reached as scheduled. So far, it has hit the highest line of $1,220.79. Some time ago, when Ethereum was at more than $600, Mr. Tan insisted on looking at the $1,000 mark. When the $1,000 mark was reached, Mr. Tan continued to look at the $1,200 mark. Along the way, I don’t know how many doubts I have carried. , Today, the long targets have arrived as scheduled, and those who believe in me and stick to it, the market will eventually "return with profit". What's next? Of course, continue to be bullish. Where are the bulls? In the short-term and mid-term, let’s first look at the historical high of $1,422. If this stage is reached, then there is a high probability that Ethereum will see the $2,000 mark in the market outlook. At this stage itself, Ethereum has already walked out of its own bull market, and this wave of bull market is quite crazy, without giving any chance to pull back and get on the bus, this kind of market is to support the bold and starve the timid , scared to death wait and see.
On the technical side of the daily line, Ethereum has received five consecutive positives, and the bulls have reached new highs and continued to rise. In the early morning, Ethereum turned down after breaking through the $1,220 mark. At present, it has fallen slightly and maintained at $1,188 for consolidation and repair, but the overall Bullish momentum remains strong. In the short term, Ethereum is still at a high level, but there are signs of a correction in the short term. In the short term, focus on the resistance around $1,200, and focus on the support around $1,160 below. It is normal to see a callback after a big rise. After all, Ethereum has fluctuated relatively recently, and the callback is still an opportunity to do more. The risk of volatility must be well controlled.
Upper resistance level: 1200/1220 Short-term lower support level: 1060/1040
