Technical Analysis of Bitcoin (BTC)

Yesterday, after a downward plunge of more than 2,500 points, it closed with a positive line. This can be regarded as a market maker washing and absorbing chips in the rising process, and at the same time taking the opportunity to clear the chips that chased the rise in the previous 24 hours.

In the morning, it rose again and broke through 66,000. Yesterday's correction may occur during the day. The support below refers to the 4-hour line 63,700-63,200.#BTC突破7万大关

The target of this rise is tentatively set at the 67,500-68,000 range, but this kind of rapid rise without a callback must always be alert to risk control to prevent BTC from making a large-scale adjustment in stages. After all, the daily trend deviation rate is extremely high.

ETH: Yesterday, it plunged downward and closed with a negative line, entering an adjustment state. Compared with the BTC trend, ETH performed weakly, mainly because the spot Ethereum ETF is about to be launched, and there are many retail investors who are optimistic in the early stage, resulting in a large number of positions in the 3530-3630 range. #ETH收益

Before the good news comes, only by smashing the market can the market lose confidence in it and give up the chips in hand, so that ETH has the opportunity to go to a higher height. The support below is 3440-3400.#山寨季何时到来？ #美国大选如何影响加密产业？ #以太坊ETF批准预期

If you want to know the specific opportunities and specific decisions, please follow Changkong. Click on the avatar to view the text. You can get the position allocation strategy, which teaches you how to make money in the bull market and earn coins in the bear market.