8:10 AM: Analysis of BTC and ETH

CN
杨景文
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3 hours ago

In the early morning, BTC rebounded to 65480 and then retraced to 64800, while ETH rebounded to 1937 and then pulled back to 1905;

From a technical perspective, the almost halted market over the weekend has caused the indicators to become dull at high levels, so it's recommended to refer with caution.

BTC stagnated near 64500, with support levels at 64000--63500, and the daily line has raised the bottom to around 63000;

ETH's performance is slightly stronger, temporarily holding above the 1900 position, with short-term support rising to 1880 and important support at 1850.

Looking at the external environment, crude oil has shown significant gains in the morning session, the US dollar index has also rebounded slightly, and the crypto market should not chase high prices;

BTC suggestion: Go long near 64500, add to positions at 64000, target 65500--65800;

ETH suggestion: Go long near 1900, add to positions at 1875, target 1930--1940.

No bad guidance, just sharing ideas, does not constitute a strategy, abide by community agreements!

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