Market analysis: Bitcoin has been recovering from shocks after the sharp decline in the past few days. It can be seen that the bottom of the current Bitcoin shock period has been rising, showing a strong adjustment by bulls. At present, the daily K-line has risen through yesterday's Zhongyang line and has stood above the resonance of the MA5 and MA10 moving averages. The current daily level KDJ has also formed a golden cross and begun to diverge upward. Overall, the resonance position where the MA5 and MA10 moving averages converge can be used as support to maintain the bullish callback operation. The market will soon have the opportunity to attack the 38,000 mark again. . The support level is near 36800 and the pressure level is near 38000.
Ethereum successfully made a double-pin dip during the decline in the past few days. After receiving support from the strong pressure position of the early platform, it rebounded and returned to above the 2000 mark again. The K-line combination signal of Qiming Star appears at the current daily level. The three KDJ lines are about to converge to form a golden cross upward, and there is a continuing upward trend. The upper pressure is near the position of 2065, the downward trend line pressure formed by the daily level of Ethereum. , if you want to open up new upside space, you need to break through the pressure of the downward trend line to have a chance. The support level is near 1980 and the pressure level is around 2065.