Yi Tian said: After 312, are you still panicking?
【Market News】
【Article Summary】
【Article Summary】
【Market review】
【Market review】
First of all, let's look at the large level first. A cross K was closed again yesterday, and the trend of the daily line level has also slowed down. Yesterday, it also quickly tested the support of the MA5 daily moving average near 55033, and then pulled it up directly, and finally closed with a small positive.
Yitian said [BTC/USDT market analysis]
From the perspective of the daily line level: due to the continuous closing of the cross K in the past two days, the support of the 5-day moving average below is currently very close. From the current market situation, the support of the daily moving average below is about 55800. At this support, it is indeed unknown whether you can enter the market for long orders. Yesterday, the market was affected by the bad news that Binance was investigated by the United States, which led to a short-term decline in the market. Judging from the market yesterday, the three resistances above 58,000 that we said are still valid. The positions that were previously prompted to reduce holdings at high levels will not be replenished for the time being. Keep a bottom Wait and see.
From a technical point of view, the position below 55,000 is yesterday’s confirmation point for stepping back. It has strong support in the short term. The price has been stepping back on the Bollinger’s middle track for four hours. The overall trend of Bitcoin will be high sideways or slightly adjusted in the future, and funds will flow back further To the second-tier mainstream and cottage small currencies. The recent increase of several hundred points in the counterfeit coins of BTC trading pairs is that the main force uses Bitcoin to pull counterfeit coins to achieve the purpose of selling bitcoins in disguise. The overall maintenance of the 55,000-58,000 range shock thinking. Pressure level: 58000, support level: 55000.
Thank you for reading and liking! Author/Yi Tianshuo【V:Aphz8705】
Yitian said 【ETH/USDT market analysis】
At this time, the ether did not follow the trend of the big pie, but showed a trend of high volatility and a little empty, slightly downward in 4 hours, but there is no big Yin line, and once the big Yin closes, it will quickly drive the downward trend of 4 hours, Therefore, it is currently in a high-level wait-and-see and follow-up state. Once the big pie chooses a direction, the ether will directly follow. Therefore, if the ether is the closest, there is no good entry point. In particular, the high and low points have not changed, so the support pressure we gave before has not changed. For the support below the callback, let's look at 1660. This position is the 0.5 position from the low point to the high point, and it also has considerable support. The second is the position of 0.618, which is around 1600. If these two positions are given within a day, we can refer to them to enter the market. Yi Tian thinks this will be a deep callback of ether.
