Bitcoin's continuous rebound is blocked, and the rebound is still optimistic above the support level
The impact of the Bitcoin bulls was defeated again the next day. After a short-term surge in the evening, the price was once again blocked at 24100-24200, thus further consolidating the existence of this area as a strong resistance. A short-term shock correction trend; however, although the price remains above the 22300 first-line support after continuous highs and pressures, the author also emphasized in the article the next day that as long as the short-term price does not effectively fall below this position, the bulls will It will continue to maintain its upward momentum, similar to the last adjustment. Once the adjustment is completed without breaking the support, Bitcoin will be poised to break out again and set a new high.
From the perspective of the trend, the daily line is in a volatile trend in the short term. Although several new breakthroughs have been unsuccessful, the continuity of the fall after the pressure is not strong, and the price has effectively recorded a rebound after falling back to the support level, so the short-term trend The definition is shock; on the technical side, the daily line recorded a big negative line but did not give up the gains on Tuesday, but the short-term is still partial to a correction; the four-hour Bollinger Bands continue to run in parallel to build a shock channel, but the K line has fallen below the middle line and tested The lower track line, below will continue to pay attention to the 22300 first-line support where the lower track line is located. The short-term moving average MA5/MA10 dead fork runs downward, and the short-term 23300 is under pressure. The short-term trend within the day will start long-short operation at this position.
On the whole, Bitcoin still has a clear advantage in bulls, so even if there is a band adjustment, and the rebound is continuously under pressure and blocked, I personally do not recommend taking short positions. The short-term stabilization within the day can be more than 23,300. Looking at around 24,000, if It is also possible to step back on 22300 first at the bottom, and the target 24000 remains unchanged; if the top rebounds near 24100, first pay attention to the short-term pull-up situation, and then choose to be short when there is pressure.
Upper resistance level: 23300/24100 Lower support level: 22300
ETH (Ethereum): The next day ushered in a sharp retracement again. Although Dayang recovered on Tuesday, it still failed to prevent the continuous decline of the daily line, and increased the rate the next day, and even approached the short-term key support line 536 below. , this position will be the next key watershed between long and short. Once it is effectively broken, Ethereum is expected to continue to fall and form a short-term short-term trend; the daily line looks yin and yang, and last week's gains have basically given up, but it is different from the previous This week's rise, this week's callback is obviously stronger. In the short-term above the daily line, focus on the 596 first-line resistance, and it will be empty around this position within the day.
Upper resistance level: 596 Lower support level: 535
