The current market and environment of BTC have entered a period of high consolidation in the overall trend, which is also understood as the wash-out stage. In fact, the price is just relatively high now, so the rise and fall is a normal environment. However, every time it falls, everyone thinks it is a big rise or a waterfall in the fall. According to common sense, the current price is a normal fluctuation range. BTC rose to around 72,000 points last week, forming a high range and obvious resistance point. After two days of retreat, the market reached around 64,000 to form a support point at the current daily level. After a short-term rebound, the market is facing the impact of 70,000-72,000 again. As for the resistance position of the interval, according to the current daily level, only by breaking through the 72,000 point line can we open up the space value above, so that we can move towards a historical high, and even touch our first target point, which is the 76,000-80,000 interval line. At the weekly level, this week, basically, we first have a small negative line of a golden needle, which is the same as the trend of last week. According to my understanding, this month's market should explode around the 15th in the middle of the month, because the trend takes time, even consolidation or shock at a high level requires a period of time. Let's see whether next week's market can directly reach the high point of 72,000 and directly reach a historical high, and achieve our target point above 76,000 in the middle of the month.
ETH's current trend is relatively weak. When BTC rises, ETH's increase is not large, but when BTC falls and falls back, ETH shows a very weak performance. Therefore, in this week's falling trend, ETH directly touches the support point of 3200 points, which is also a support point in the early stage. So the current performance of the rebound in the past few days is actually not strong. According to normal understanding, the current weekly line is in a parallel support rebound. The current resistance point is still in the 3600-3800 range, which is similar to BTC's market of 72,000 points. Jiaoliuqun+Wei: 2758624303 As long as ETH breaks through and stands firmly on the 3800 point line, it can open up a larger space value above, and the market can touch a new high again, which is our target point of 4200-4500. The current weekly trend is based on today's weekly level closing. Normally, it closes in a state of a golden needle and a half-yin line. The market is basically stabilizing at the current stage, so the market trend will go upward. It depends on whether it can break through and stand above 3800 points next week. In this way, it will continue to explode in the middle of the month, and the market will continue to strengthen in this month to lead the cottage market.
