Technical analysis: BTC (Bitcoin):
Daily level: A real big positive line appeared at the close of yesterday, successfully recovering the losses of the previous two days, forming a typical "Yang swallowing Yin" bullish pattern, and the K-line closed above the 7-day moving average, indicating that the bullish force still exists.
4-hour display level: Last night's strong rise broke the small-cycle oscillating downward trend since December 17. The current price has broken through the rebound high of last Saturday without a significant decline, and the upper selling pressure is relatively light. Suggestion: Consider the bullish focus when stepping back to the low.
Focus on the support area below: 96500-95500; upper pressure focus: 101000-102000.
ETH (Ethereum):
Daily level: Yesterday also closed with a big positive line, engulfing the Yin line of the previous two days, forming a strong pattern of Yang swallowing Yin, and the K-line closed above the 7-day moving average.
4-hour level: As mentioned above, Ethereum formed support near 3300 points, which is about to surpass Bitcoin. Ethereum's trend is strong and shows a fluctuating upward trend. The current price has stopped rising near 3500 points, which is exactly at the beginning of the month.
Short-term operation suggestions: Retracing lows is bullish, focusing on the support below: 3460-3420; the upper pressure level: 3620-3660.#币安Alpha第6批项目上線 #灰度提交Horizen信托文件 #加密市场反弹 #BinanceLabs投资Usual #萨尔瓦多将“加速”增持BTC
I am Changkong. If you don't know how to layout at present, you can come to me and communicate together!