Trading concept: Look at the trend in the long term, find the position in the short term;
Market review: In the day session, the market tested the resistance of Bitcoin at 66800 and then fell back after reaching the 3280 level of Ethereum. As of now, it has tested the support level again at 62000 for Bitcoin and 3000 for Ethereum, and it seems that the positions have not been broken.
Technical analysis: For Bitcoin, the daily chart rebounded after running to the lower Bollinger Band, but encountered resistance and fell back to test the support level again. The Bollinger Bands widened, the MACD moving average trended downward, the selling volume increased again, and the KDJ line trended downward. On the 4-hour chart, the Bollinger Bands continued to contract, the MACD moving average turned downward after running upward, the buying volume gradually decreased after showing signs of appearing, and the KDJ line trended downward. Various technical indicators for Ethereum are basically synchronized with Bitcoin.
In summary, the important points for current trend judgment are 63000 for Bitcoin and 3000 for Ethereum on the daily chart. It is currently expected that after the test, there will be a rebound as anticipated, but it is expected to continue to rise after the pullback. However, the market encountered resistance and tested the support level again, and surprisingly, the important points have not been effectively broken. It is recommended to rely on the support level for long positions in subsequent operations!
Operational suggestions:
Long position in the range of 62000-62500 for Bitcoin, with a target of 63500-64500 and a defensive position at 61500!
Long position in the range of 3000-3030 for Ethereum, with a target of 3100-3150 and a defensive position at 2950!
Specific entry and exit positions can be found on the WeChat public account! The strategy is time-sensitive, and specific guidance in real time is the standard!
Follow WeChat public account "允彦"!
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
