Bitcoin and Ethereum market analysis: Can it refresh a new high of $13,200

After yesterday's high-level shock consolidation, Bitcoin left the narrow range of shocks in the evening, and the long positions were able to be released, and the Bitcoin market also stabilized above 13,000. On the whole, the explosive strength of the bullish volume is not strong. At the same time, the Ethereum market was in the rebound stage as a whole yesterday, but the rebound was not strong and did not return to the range of the day before yesterday.

BTC market analysis: On the daily chart, the market continues to test the upper track of the Bollinger Bands upwards, and the moving averages are upwards, and the short-term support level is also moving up accordingly. The short-term support level is 13,000, and the new high of 13,200 in the year above forms a short-term suppression. The bullish energy in the MACD below is already in the fourth release stage, and the bullish energy is in danger of decaying.

In the short-term 4-hour chart, since the short-term support level of 12861.72 was supported yesterday morning, the bitcoin market has been rising slowly. It rose slightly last night and broke away from the stage of hovering around the short-term support level. At present, the Bollinger Bands as a whole The upward trend gradually closes, and the short position at the bottom can continue to be released.

ETH market analysis: Currency holders (btc068068) received cross stars on the daily line for nearly 2 days. Compared with Bitcoin, the market trend of Ethereum is relatively weak. After yesterday's slow rise, the decline has eased. The short-cycle hourly chart On the top, the Bollinger Bands are gradually closing, the range fluctuations are decreasing, and the long and short positions below can stagger back and forth, just grasp the market reasonably.