Good evening, traders!
We shouldn't confront the enemy head-on, and in market trading, we shouldn't confront the market head-on either. Good trading opportunities require patience. Just as in ancient times, there were long intervals between wars, and market trading doesn't happen every day. Patiently waiting for trading opportunities is the premise of making money.
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According to Tianyancha App, Ant Blockchain Technology (Shanghai) Co., Ltd. recently underwent a business change, with its registered capital increasing from 100 million RMB to 1.5 billion RMB. The company was established in December 2018, with Lin Yifei as the legal representative. Its business scope includes software development, internet data services, information system operation and maintenance services, retail of computer hardware and auxiliary equipment, and information technology consulting services. It is wholly owned by Ant Chain (Shanghai) Digital Technology Co., Ltd. It is worth mentioning that not long ago, Ant Chain (Shanghai) Digital Technology Co., Ltd. also increased its registered capital from 100 million RMB to 2.107 billion RMB.
BTC: Looking at the 4-hour timeframe, the price continues to fluctuate near the Bollinger Band midline, with a neutral trend.
The price is supported by the moving average, but there are multiple moving averages suppressing it from above. In the short term, the market needs to break through the moving average suppression to have a better market space.
In summary, the support level is 61400, and the resistance level is 61800.
ETH: Looking at the 4-hour timeframe, the price has rebounded to the Bollinger Band midline, and there is still weak rebound space in the short term. The support level is 3440, and the resistance level is 3470.
LTC: The price has rebounded to near the upper Bollinger Band, showing a good trend. The support level is 73, and the resistance level is 76.
BCH: The price has rebounded to the upper Bollinger Band, and the short-term market is oversold, indicating a need for a pullback. The support level is 390, and the resistance level is 420.
That's all for now, good night!
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