Good morning, brothers. Bitcoin was trading sideways at a high level at night, and the altcoins were still dead. The market was like a pool of stagnant water. Bitcoin has soared in the past two days. Many people asked me why Lao Zhang’s altcoins are so weak, and whether there is a chance for this round of altcoins to make a profit. In fact, many brothers know the answer to this question, and they all ask questions with answers, just wanting me to recharge some faith for everyone.
But to be honest, I really can’t rush the faith of altcoins. Old fans know that I have always asked everyone to stay away from altcoins. I have called Ethereum a garbage, not to mention altcoins. I can only recharge the faith of Bitcoin.
Of course, there are some good altcoins, but they are all picked out of a hundred. There is no way to be sure that the altcoin you bought is the star that will pull many times. I suggest that everyone just play with Bitcoin spot honestly, and then play with the contracts of mainstream currencies!
Today's market analysis: #BTCBitcoin is currently trading sideways at the top after a wave of pull-ups. It has closed 4 consecutive negative candlesticks in 4 hours. Pay attention to the position of 67550 today. If it falls below the 1/2 hour level, it will start to pull back. Pay attention to the support level below 67060-66560-66060! (If it falls below 67060, the 4-hour level will start to pull back)
If it stands above the position of 67550 today, the market will continue to rise. Pay attention to the upper target/pressure level of 67990-68400-69150!
#ETHEthereum is still in the sideways zone at the 4-hour level. I said last night that if it does not fall below 2610, the market will still go up. It has been inserting this position for several hours and has just pulled it to the first pressure level. Pay attention to the position of 2605 today. As long as it does not fall below this position, the market will still go up. Pay attention to the upper target/pressure level of 2648-2688-2710!
If it falls below 2605 today, the 4-hour level will start to pull back, and the support level below is around 2571-2536-2510!
