yesterday's market

In the early hours of this morning, BTC dropped slightly and broke through 9100 USDT and is now fluctuating around 9090 USDT. Mainstream currencies fell slightly. BTC is currently quoted at 9087 USDT on OKEx, a 1.63% drop in 24H. 1. The total value of the global digital currency market is US$261.2 billion (-0.6%), and the 24h trading volume is US$58.4 billion (+2.4%). 2. The current global average price of BTC is 9137 USDT.

Analysis today

After a whole day of sideways trading, it finally fluctuated at night. First it rose slightly by dozens of points, and then fell by more than 200 points. The overall fluctuation was not too big, but it broke yesterday’s rebound trend and crushed the bulls to death. Damn, if you want to rebound in the short term, the bulls need upward momentum. The current momentum is obviously insufficient, and yesterday's upward breakthrough and suppression failed and then the fall is the best proof. Test the important support level near the daily MA365 moving average of 8800 again.

The strategy is for reference only, and the market is changing rapidly, so do a good job of risk control when entering the market.

Operating strategy:

1. Bitcoin rebounds to around 9150-9250, it is recommended to enter the market with an empty order, stop loss above 9350, and target 9000-8900;

2. Bitcoin goes down to around 8950-8850. It is recommended to enter the market to buy more orders, stop loss at 8700, and target 9050-9170;

The strategy is for reference only, and the market is changing rapidly, so do a good job of risk control when entering the market.

ETH Analysis

1. Ethereum rebounds to the 227-229 area, it is recommended to enter the short position, the stop loss is above 233, and the target is 222-220 first;

ETH operation strategy

1. Ethereum rebounds to the 227-229 area, it is recommended to enter the short position, the stop loss is above 233, and the target is 222-220 first;

2. If the Ethereum pulls back to around 222-220, you can enter long orders, stop loss below 217, and target 237-229;

The market is time-sensitive, so do a good job of risk control when entering the market.