Bitcoin and Ethereum market analysis: In the short term, the bottom of the box will be supported

In the past few days, the market of Bitcoin and Ethereum has been a game of long and short as a whole. No matter whether it is long or short, the market of Bitcoin will return to the boundary line of the previous range consolidation. The market of Ethereum is in a downward trend as a whole. Currently, the market of Bitcoin is hovering around 11350 , Ethereum is hovering around 365.

BTC market analysis: Today Saturday, on the weekly line, the market has been fluctuating at a high level in recent weeks. The Bollinger Bands have been running upwards as a whole. The MA5 daily moving average and the MA10 daily moving average have bonded to form a golden cross trend. In the MACD volume energy indicator below, The short position can be initially released. In the hourly chart, the Bitcoin market has generally fluctuated within the range of the box in the coin holder chart for the past week.

BTC advice:

1. When the market is around 11260-11200, enter more orders, stop loss at 11120, and target around 11350.

2. The market enters the market with an empty order near the 11380 position, the stop loss is 11480, and the target is around 11300.

ETH market analysis: In the hourly chart, after the 4-stage pull-up of Ethereum, after the 13th, the Ethereum market has fallen to the second box in the chart of currency holders (btc068068), and the market has returned to the second stage of the pull-up During the period, the current Ethereum market is hovering at the bottom of the box at 363.15, breaking the position can take advantage of the trend, the MACD bullish volume below can be initially released, and the fast and slow lines are glued below the 0 axis.

ETH proposal:

1. When the market is near 363, enter the market with more orders, stop loss at 358, and target around 370.

2. The market enters the market with an empty order near the position of 370-375, the stop loss is above 376, and the target is near 365.