Blockchain Liangqiu: 7.14 Bitcoin/Ethereum evening operation strategy with market analysis
Bitcoin/Ethereum surged again during the day, with the highest price of Bitcoin reaching around 60,400 and the highest price of Ethereum reaching around 3,224. The overall trend is from weak to strong, but the market will also be accompanied by a retracement process. It is not advisable to chase more at night. In addition, the four-hour line has begun to stagnate and retrace, so try to pull it up and go short. Pay attention to the support of 68,000 to 68,500 and 3,120 to 3,150 below.
Ether also just touched the middle track area on the daily line. At this position, only a large-scale rise and a breakthrough of the 3,250 line can confirm the arrival of the bullish trend. Before there is an effective breakthrough, there is no need to chase more. At present, the market is fluctuating and rising, but it is still in a range of fluctuations. At this time, more patience is needed. If the support below is effective, the market will rise further, but pay attention to the retracement space in the short term.
For evening operations, short orders are placed at around 60,000 to 60,300 for Bitcoin, with a target of around 58,500; short orders are placed at around 3,200 to 3,220 for Ethereum, with a target of around 3,140. #币安7周年 #BTC下跌分析 #币安合约锦标赛 $BTC
