BTC/ETH retreated under pressure again, and the evening decline continued unabated
Bitcoin market trend analysis:
Bitcoin market trend analysis:
The price of Bitcoin has been fluctuating since it rose to 10180 last night. Up to now, the lowest price of the currency has touched around 10798. At the bottom of the night, we need to pay attention to the new gains and losses of 10800. At the top, we should continue to pay attention to the first-line pressure of 11100-11200 Broken situation.
Judging from the daily chart, the currency price fell back under the pressure of the 60-day moving average 11123 line again today. Although there was a piercing action in the short-term yesterday, it finally closed below it. This is also the main reason for the decline in the currency price today. , and in the past few days the market has been retraced by its pressure and shocks, and the key support below is the middle rail 10650 line. If it falls, it means that Bitcoin's rebound this time will end in failure.
On the four-hour chart, the opening of the Bollinger Bands is in a flat state, and the currency price rebounded after touching the lower rail. It is still oscillating around the lower rail at 10792. The MACD indicator in the attached picture shows a short-term increase in volume, indicating that the currency price is still in the short-term. There is a need for adjustment, so you need to be cautious in operation, and remember to do a good job in risk control.
If there is a broken position in the market, the author Chu Zhiwei will make real-time strategy adjustments according to the actual situation, please continue to pay attention to the author! (Please consult the author Chu Zhiwei for the specific entry point)
If there is a broken position in the market, the author Chu Zhiwei will make real-time strategy adjustments according to the actual situation, please continue to pay attention to the author! (Please consult the author Chu Zhiwei for the specific entry point)
Ethereum market analysis:
Ethereum market analysis:
