7.10 Technical analysis of BTC/ETH operation recommendations
The big pie continues to close the cross on the weekly line, and the daily line is negative for two consecutive times. The highlight of this week is the CPI on Wednesday night, which will have a great impact on market volatility and break the pattern of high fluctuations driven by the data.
In the short term, the key position below is still 29500. You can rely on this as a defensive point to go long near and below 30000. The upper part focuses on suppressing 30500 and the early strong pressure point of 30800, and counter-draws these two positions to fake breakthroughs and go short. If you want to know the market situation as soon as possible, please contact me.
Ether's weekly and daily performance is even weaker. The two support levels are 1820 [FIBO50%] and 1780 [FIBO618%]. On Friday, it was reminded that the 1880 line above is the top-bottom transition position, and it can be shorted in batches. The highest It also fell after reaching this position. Continue to focus on the 1900-1910 line above the short cycle; stay in the shock range!
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The big pie continues to close the cross on the weekly line, and the daily line is negative for two consecutive times. The highlight of this week is the CPI on Wednesday night, which will have a great impact on market volatility and break the pattern of high fluctuations driven by the data.
In the short term, the key position below is still 29500. You can rely on this as a defensive point to go long near and below 30000. The upper part focuses on suppressing 30500 and the early strong pressure point of 30800, and counter-draws these two positions to fake breakthroughs and go short. If you want to know the market situation as soon as possible, please contact me.
Ether's weekly and daily performance is even weaker. The two support levels are 1820 [FIBO50%] and 1780 [FIBO618%]. On Friday, it was reminded that the 1880 line above is the top-bottom transition position, and it can be shorted in batches. The highest It also fell after reaching this position. Continue to focus on the 1900-1910 line above the short cycle; stay in the shock range!
Follow me for guidance and suggestions, and long-term updates of technical analysis and video classes!