Yi Tian said: Bitcoin has hit the 50,000 mark again, and the bull market is about to start?
【Today's Information】
Today's panic and greed index is 76 (77 yesterday), the level of greed is slightly lower than yesterday, and the level is still extremely greedy.
Yitian said [BTC/USDT market analysis]
Yitian said [BTC/USDT market analysis]
The price of Bitcoin maintained a pattern of rising and falling the next day as a whole, and saw a large decline in the evening, and finally closed in the dark on the daily chart. The price did not go out of the continuous decline after the opening of the day, and has rebounded to near the high point of the next day so far. The overall situation is weak and volatile, and the indicator system gives a signal of rebound. It is necessary to pay attention to whether the high point of the next day is broken within the day.
Yitian said 【ETH/USDT market analysis】
Yitian said 【ETH/USDT market analysis】
The price of Ethereum went up and down the next day as a whole, and finally closed positive on the daily chart. The price continued to rise after the opening of the day. It is currently close to the suppression level of the Bollinger middle rail, and the indicator system gives a signal of continued rise. In the day, we need to focus on whether the first line of the Bollinger middle rail can be broken, and a break will open up a larger room for growth.
On the 4-hour level, the closing line is sunny, the price is supported by the attack line to test the suppression of the Bollinger upper rail, the Bollinger channel is open, the attack line and the defense line are both biased upwards, the attached indicators are increasing in volume, and the price has an upward trend . Yitian believes that the bulls are in a strong mood within the day, and the price has the momentum to continue to go up and then go to a higher point. However, the price has risen by more than 100 points, and it is impossible for the bears to stand idly by, and the attached indicators are close to overbought. It is not recommended to blindly chase the rise. It is stable It is still mainly to step back on long orders, and follow the trend to grasp profits. The top short-term focuses on the first-line suppression of 1685-1700, and the bottom focuses on the first-line support of 1640-1620. Break through to see 1600;
Text/Original/Written by Yi Tianshuo (Aphz8705)
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