Senior gold coin: 3.17 Bitcoin has hit a strong support of 55,000, and its value will be discussed in terms of subsequent rise and fall
Last night we continued to be bullish at 55500-55200 respectively, and the current market rebound has returned to hovering around the MA60 moving average again. However, no matter how the overall market rebounded yesterday, it could not break the daily pressure level, so the daily trend is still falling downwards. At present, the key position is still the 4-hour MA60-10 moving average needs to be completely broken down, and then it will fall naturally. Let's take a look at the overall trend so far. It is basically the same as yesterday. It is very likely that it will be the same as yesterday again. The difference between strength and weakness lies in whether the market no longer rebounds and goes straight down at this moment, then today there will be a sharp downward market. On the contrary, if it continues to rebound, then tonight will be the same as yesterday. Pay attention to the upper pressure of 55600. This is the position where the European market breaks through the waterfall, and it is currently rebounding. As long as it holds here, it will still fluctuate downward tonight. Otherwise, if it breaks through the market, it will test the upper resistance, so the current range is 55600- Sell high and buy low at 54800. If the lower 58400 breaks again, you can just go empty. Look at the vicinity of 53100 below!
Ethereum has fallen back from the high point of 1943, and the trend has been running under the pressure of BOLL. Today, at 8:00 am and 16:00 pm, we tested the pressure position of the MA60 moving average, but it did not break and it came down directly. The overall trend is connected to a downward trend line Trend, then the rebound above the trend, but the overall trend of the pressure of the MA60 moving average will continue downward, at least in a volatile pattern, and at the same time the support of the MA5-10 moving average below 1 hour below has broken, and the short position has come. At this time, the market rebounds and stands again Kneeling to support 1757, the so-called fall is fast and stretching is also fast, so the kneeling support below 1757 is not broken and the market cannot be blindly short, so the only way to go short is to wait for the kneeling 1757 to break again before opening a short position. If you see near 1750 below, you can’t open a short position if you don’t break it !


