During the day, the price of orange continued to gain strength, and it was bullish at noon. The price fluctuated upward. From the afternoon to the evening, the market fell into a narrow range of fluctuations. In the evening, the bears exerted their strength, and the fluctuation range widened, with a fluctuation of more than 1,000 points, and Ethereum developed synchronously. At present, the bulls exerted their strength again, and the price rose. The high point reached 59642, but it did not give a strong pull in the evening. The starting high point was 59642. The idea of the day was correct. In the real layout, the big cake had a total of 3,346 points of space, and the ether had a total of 165 points of space.
From the current market, the daily line continued to connect the middle positive line with the negative line, and the price showed a correction rebound after the decline. The current rise may be just a callback to the previous decline, rather than a fundamental change in the trend. On the four-hour line, the bulls continued to increase the volume, showing a large positive line, reflecting that the buyer's power was strong and the market had a significant rebound. The previous few K lines showed continuous lows and low rebounds, forming a short-term upward trend. The exchange rate rebounded from the low of 56078.54, indicating that the market has received strong support at this point. At present, the exchange rate continues to rise. If it breaks through the previous pressure level, it can be directly long. In the medium and long term, the layout can be made around the idea of retreat.
Bitcoin 59200-58900 long, target around 60800
Ethereum 2600-2580 long, target around 2700
