The market is gradually lacking upward momentum, is it over?
Today's market analysis:
Today's market analysis:
Today’s Bitcoin market as a whole fluctuates in the range of 11100-10840. The current market has rushed to around 11140 and quickly began to fall back. This shows that there is a large sell order in this position. The current fall is also at the trend line and then there is a small upward trend. The daily line Looking at the position of 11150 in the market is very important. If it can be effectively broken, the market will rise further. The KDJ indicator also formed a dead cross for the third time in the overbought area. Looking at it in four hours, the focus of the market is also at the position of 11150. The current trend of macd seems to be in a state of dead cross. It is gradually consolidating in one hour, and the Bollinger bands are in a state of shrinking. In the later stage, it still needs to support up and down to break through and enter the market.
The market breaks through 11150 and cannot be stepped on. Take advantage of the trend to enter the market with more orders, stop loss at 11050, and take profit above 11270.
If the market breaks 10870, it will not be able to pull back, so take advantage of the trend to enter the market with an empty order, stop loss at 11950, and take profit around 10730.
BCH as a whole is also range-bound today. Looking at the daily line, there is also a related position at the top of 294.60. The breakout market will go higher. KDJ has formed a dead cross in the overbought area. Looking at it in four hours, the upper pressure is obvious, and the energy is gradually shrinking. KDJ is also in a dead cross state, macd has a tendency to turn its head, and the Bollinger Bands have shrunk and completed a parallel trend in an hour, and MACD has also become a dead cross state. At the later stage of the market, we still need to pay attention to the downward stepping force, and there is still a lot of space below. , it should be noted that at the position of 275.30, the uplink may be further opened.
The market breaks through 294.60 and cannot be stepped on, so take advantage of the trend to go long, stop loss at 292.50, and take profit around 300.
The market breaks through 285.20 and the callback cannot be made, so enter the market with short orders, stop loss around 288, and take profit around 281.
Today’s space of ETH is volatile and upward, which is different from other currencies. It can be seen that the bullish sentiment of ETH is still relatively intense. The current daily line is in a state of 10 consecutive negatives. As the saying goes, the higher the flight, the worse the fall. The decline responds to market sentiment. At present, kdj has formed a dead cross for the second time. There may be an inflection point in the market, but it still depends on whether the support can be broken. If you break the position, you can decisively enter the short position. It is different from other currencies in four hours In other words, ETH has formed a closed band in four hours, and it has been above the middle rail of the Bollinger Band, which also shows that the bulls are active. Although macd is in a dead fork state, there is no obvious drop-off phenomenon, and it may rise slightly in the later period Then it went down, and the top also focused on the position of 324.80. The one-hour Bollinger Bands showed signs of opening due to the bullish sentiment, but the strength was not strong, and it may be invalid. Multiple layouts.
If the market breaks through 324.80 and cannot be stepped on, take advantage of the trend to go long, with a stop loss of 322.60 and a stop profit of around 328.
