Blockchain Liangqiu: Bitcoin/Ethereum early morning operation strategy with market analysis on July 18
Bitcoin/Ethereum has been a continuous positive trend in the past few days, and then it fell back after rising in the early trading. The overall retracement space is still relatively large. The current market is constantly testing the upper highs. However, the daily level market is in the process of rising channels, and the long volume has begun to weaken. The market still has room in the process of continuous fluctuations. Once the retracement is confirmed, the overall space will be relatively large. Pay attention to whether the daily closing will start to close at 8 o'clock tomorrow morning.
On the daily and weekly lines, the upper pressure still exists. Although the highs have been continuously presented in the past two days, combined with the market, the weekly Bollinger band middle track has not been effectively broken through. The high pressure refers to today's high point, and the lower support refers to the 10-day and 30-day moving averages of 62,000 and the support near 3,300. Once the daily level begins to retrace, the trend will begin to weaken, and the possibility of continuation is relatively high. In addition, the weekly line has not effectively broken through, and the idea of pulling up is still maintained. However, the short-term hourly line is starting to rebound, so there is no need to rush to enter the short position. Just wait for the market to rise before entering.
In the early morning, short positions are entered at around 64500 to 64800 for Bitcoin, with a target of around 63000; short positions are entered at around 3430 to 3460 for Ethereum, with a target of around 3330 to 3360. #以太坊ETF批准预期 #BTC #ETH