Bitcoin has shown some changes on the daily chart. Just after touching yesterday's pressure level, a positive line was formed, suggesting the possibility of long-short conversion. However, the price is still in a bearish trend, and the upper pressure level is around 63500. Although the horse market road shows an increase in bullish energy, the growth is slow and does not show a strong upward momentum. Therefore, we need to continue to pay attention to the pressure situation above. On the short-term four-hour chart, the price has broken through and entered the rising channel, forming a short-term rising support range of 62200 to 62500. Although some indicators show that the long and short energy has reversed, the large-volume operation of the KDJ indicator still shows that the bullish force is not very strong. On the one-hour chart, most traders may choose to establish long positions at the 61800 line, but it should be noted that this position has become a pressure level. If the price is suppressed and falls, the support below may be tested. In general, if the bulls want to exert their strength, they must break through 63500 in one go, otherwise the price may continue to fluctuate and fall. Based on the above suggestions, the subsequent operation is mainly to rebound and short.
Ethereum's daily chart shows a clear bearish trend, with the upper resistance level between 3050 and 3080. The MACD indicator shows a slowdown in volume, with the fast and slow lines smoothly sticking together below the zero axis, showing an overall trend of no volume. On the short-term four-hour chart, the price temporarily rebounded above the 3000 integer mark, and the Bollinger Bands began to close, indicating that there may be a shock absorption situation. The MACD indicator shows the conversion of long and short energy, the fast and slow lines show signs of golden cross opening, and the KDJ indicator shows a high oversold signal. Overall, the four-hour chart shows a strong pull-up repair market. The future trend needs to pay special attention to the upward resistance between 3120 and 3150. On the one-hour chart, 3000 is a short-term support position, which needs to be closely watched. Based on the above suggestions, the subsequent operation is mainly rebound shorting.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
If you want to know more about the latest market information and trading tips, click on the avatar to follow Lao Lin. Thank you for reading!
