7.3 Analysis of BTC and ETH market on Wednesday, intraday summary! The general direction remains unchanged, and the main focus is on high-altitude
This month, we will focus on the listing decision of Ethereum ETF on the 8th. There will definitely be a major layout and action. The news of ADP and unemployment benefits in the evening was really unsatisfactory. The data was bullish, but the market was slow to move. The data of the past days had already taken off. Fortunately, a wave of longs was arranged at the 60,000 mark, and the rebound space of 600 was taken and hurriedly left. There is an analysis in the evening article. Interested friends can climb the stairs. This week's strategy is for friends who follow the direction, and the income can be doubled, so what are you waiting for? Get on board quickly if you know the details
From the 4-hour chart of Bitcoin, after a brief correction, the price of the currency crossed the lower Bollinger track and reached the lowest level of 59,600. Although there was a small rebound, the bears were obviously suppressed, so the rebound in the later period was bearish. Looking at the trend chart again, all the moving averages are turning downward, with a slowing trend. The KDJ indicator in the attached figure is also a golden cross, looking at the rebound, MACD closes in hollow green, if two consecutive closes in hollow green, then the market will rise, OBV crosses the yellow line and is strongly bearish. Overall, the rebound space is still not large, and the rebound can be shorted!
BTC midnight strategy: 61000-61500 short, the target can be around 60200! (The target position is subject to the actual market)
ETH midnight strategy: 3350-3365 short, the target can be around 3270! (The target position is subject to the actual market)
