【Market review】
Yesterday, the price of the currency fluctuated very little all day, and the back and forth did not exceed 200 points. It may be a day of returning to calm after the back and forth washing. Although there was a down pin at 1:00 pm, the lowest point reached 9391. The lower support was relatively strong, so yesterday within the day Several dips were unsuccessful, until around 6:00 p.m., the currency price was in a fluctuating upward trend, and the highest point touched the 9700 line. So far, the price is running around 9650.
【Market analysis】
【Market analysis】
BTC: After the daily line went down unilaterally, Xiaoyang rebounded and recuperated yesterday, and the market began to return to calm after the 10,000-point integer mark ran back and forth. At present, we continue to wait for the confirmation of the top of the high point. The short-term daily line is under pressure from the 9692 line above the MA5 daily moving average. The rebound began to weaken, and we continued to brew and wait for the continued decline. The 4-hour support position moved up to the 9400 first-line pin and continued to rebound upwards, running repeatedly along the Bollinger Middle Rail. The rebound warp suppression position is at the 9750 line. After a slight rebound in 1 hour, it began to fluctuate and fall back in the morning. The Bollinger Bands are running horizontally, and the short-term moving average is also starting to level off and cross, the KDJ high level continues to diverge upwards, and the MACD short green column begins to shrink.
Operational suggestions: The overall trend is not expected to fluctuate much in the short term. During the day, we still need to focus on the breakout and stabilization of the lower and upper 9700 lines. In the short term, it is recommended to sell high and buy low within the range of 9500-9700. For more currency analysis and real-time strategies, please contact Yihui.
ETH: From the perspective of the 4-hour line, ether gradually fluctuated higher, repairing the gap in the previous period, and the currency price regained its position on the Bollinger middle rail and extended upwards. The short-term bulls did not have a strong pressure level. Technically, the Bollinger pocket opened horizontally, and the MA5 average line Crossing the MA10 moving average to form a golden cross, the MACD fast line and the slow line are running above the 0 axis, and gradually approaching the 0 axis, the short potential energy continues to shrink, the PSY psychological index is steadily increasing, the market sentiment is optimistic, and the RSI three lines are glued around 50. There are signs of divergence, and overall bulls take the obvious initiative. In the white market, focus on the support level near the Bollinger middle rail 240, and it is still bullish if it does not break.
Operational suggestions: In the short term, it is recommended to buy more around 242-244, and take profit and stop loss by 3-4 points.
BCH: Prince is currently in the state of the main force to control the market, especially this morning. Bitcoin is not moving sideways, and mainstream currencies have rebounded strongly. Among them, Prince's rise is more prominent, and the rebound volume is stronger than other mainstream currencies. From a disk perspective, Prince Edward has recovered 3/4 of its decline, rebounded by more than half, and fell back to around 260 at noon. In the short term, there is still a rising trend from a technical point of view. The upper resistance is 265, and the lower support is 250.
Operational suggestions: In the short term, it is recommended to buy more around 255, go short around 260-262, and take profit and stop loss by 3-4 points.
