Market analysis and strategy on the afternoon of October 18!

Bitcoin price encountered resistance at 68,000. Ethereum was relatively weak and did not break the previous high at 2,650.

It is expected that it will be difficult to break through the previous high of 65,400 in the short term. The daily K-line shows a trend of stepping back, EMA15 is close to 65,000, MACD has not seen an increase in funds, the upper rail pressure of the Bollinger band is 68,300, the middle rail support is 63,400, KDJ shrinks, and the trend is sideways and slowly falling. The 4-hour K-line also shows a slow decline, EMA15 support is 66,900, MACD top divergence, Bollinger band upper rail pressure is 68,450, and the lower rail is 65,400.

At present, Ethereum has signs of rebounding and is still hovering around 2,630, and it feels like it has parted ways with Bitcoin. In this case, we should pay more attention to the trend of Bitcoin, and keep an eye on whether Bitcoin will break a new high again. If it breaks a new high again, then Ethereum is likely to rebound. When Lao Liu is not posting, he is always leading coin friends, and he is also enjoying both long and short positions. I hope you can understand that the strategy is updated slowly...

Short-term strategy: Steady strategy. You can enter the market with the first short position of Ethereum. Lao Liu still entered the market at 2645. You can enter and exit in batches. Remember to manage and control your positions well, and keep some positions to make up for them. Brothers, go for it if you are afraid that you will be too late! #BTC要挑战7W大关了吗？

Go, go...#热门话题 #ETH🔥🔥🔥🔥 #特朗普家族加密项目 #美国大选如何影响加密产业？ $BTC $ETH $BNB