Good afternoon everyone, I am Xin Ya. Let's briefly review the situation. Yesterday at one o'clock in the afternoon, Bitcoin started to ignite around 76800, with the MACD volume bar performing steadily. During the tug-of-war process, resistance was encountered at three o'clock in the afternoon and seven o'clock in the evening, around 77300. However, both were digested by a larger buy in the next hour candle. Only at nine o'clock in the evening, there was a noticeable selling pressure, which merely tested the 76800 level. After the test, it turned upwards by a thousand points, testing resistance. During the night market of the 20th, prices were suppressed below 77800, and the trading volume gradually decreased, with indicators being flawless.

We pay attention to details; the starting point during the day was around 77500. After a rebound at three o'clock, there was a second revisit at five o'clock. The current one-hour EMA120 and EMA144 for Bitcoin are around 77800. The four-hour EMA120 is at 78200. The most reasonable scenario recently is to repeatedly challenge the upper moving averages until stabilizing. We can buy at the new divergence around 77300 and add at 76800. The short-term main fluctuation range is also around 76800-78500. If momentum is insufficient, we will first treat it as a fluctuation. If it breaks through, we will consider adding positions when retracing. If shorting within the fluctuation range, it is essential to have a stop-loss of several hundred points.

The movement of Ethereum has oscillated back and forth within the range of 2227-2247 eight times, with more than twenty-point fluctuations occurring ten times. The divergence is at 2235. Moving forward, we can trade within the 2090-2150 range. One can enter around 2115 and add at 2095. Taking a single direction long is the safest. The one-hour EMA120 of Ethereum is around 2150, while the four-hour EMA120 is far away at 2250. The space below is very limited, while the upper area is observable, but the space for fluctuations is more considerable. Hope you all gain something from this.

Yesterday went very well. Official account: Xin Ya Talks about Chan

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