Blockchain Liangqiu: Bitcoin/Ethereum falls again, can the market reverse?

The market of Bitcoin and Ethereum fell again. We arranged the idea of ​​​​retreat long orders in the white market. In fact, the target position of Bitcoin at 65,000 has basically been reached. However, if you are greedy and do not watch the market in real time, you may turn from profit to loss. In the past two days, it has been repeatedly emphasized that you cannot be greedy in the current market, and you can only operate in waves. As of now, Bitcoin has reached 62,400 and Ethereum has reached 3090. There is still an expectation that the market will continue to fall in the evening. There is no need to be too anxious to buy the bottom.

On the daily line, Bitcoin and Ethereum have not fallen to the right place. Ethereum pays attention to the support of the previous top and bottom conversion position of 3050. Relying on this top and bottom conversion position to arrange retracement long orders, the defense is placed near the 3000 integer mark, and Bitcoin on the daily line can focus on 61,800. On the four-hour line, Bitcoin and Ethereum have all entered the oversold mode, and the short volume is gradually slowing down. The hourly line also begins to show a stop-loss signal. Once the hourly line stops falling and closes with a long lower shadow, the market is expected to rebound.

In the early morning, the current price of Bitcoin is around 62300 to 62600, and the long order is directly entered, the target is around 64000, and the stop loss is 61800; the current price of Ethereum is around 3060 to 3090, and the long order is entered, the target is around 3170, and the stop loss is 3000.#美联储何时降息？ #比特币大会 #美国大选如何影响加密产业？