Friday, Bitcoin, Ethereum thinking analysis

Bitcoin has been oscillating back and forth in the range of 66,000 to 70,000 for a week. During this period, it has experienced a lot of reversals. When watching the market, the strength at that time will rise or break the range, but when you chase it, it is either the ceiling or the floor. I guess this week, there should be many people who have suffered losses from this turning point. Now, back to the overall situation, calmly judge the momentum. It is not extremely strong or weak, but still oscillating. For friends who are trapped, you can wait a little longer and be patient. The release will be in the near future.

For today's market rhythm, after the overnight high failed to continue, the ma5-10 daily moving average pressure test turned downward. There is a certain pressure test effect at present. The snail slow decline in the early market, and the strength in the afternoon is our focus until the evening. The upper pressure is focused on 69,500, and the support boll lower track is 67,000. In the short term, the signal at the 4-hour level is weak, and there is an adjustment trend. The downward momentum may turn back step by step. Try to get both ends. If you enter the middle position, you can't hold the basket. The basket space is not big. Wait for more signals!

Ethereum has gone from 3970 to 3700 this week. As of now, the daily line has three consecutive negative lines. With the moving average turning around to test the pressure, the sentiment has also followed the big cake to adjust. But for Ethereum, the previous upward space is too strong, and excessive adjustment is also a blessing for the technical structure, which is reasonable. In a strong cycle, it is also a common performance to accompany the consolidation. After all, the big yang on May 20 was too fast, and the weekly line was too powerful and rose too fast.

At present, the upward pressure is concentrated in the overnight rebound high of 3830-50 area. It failed to continue and turned around quickly. Regardless of the impact of the news or the blessing of the technical side, this point is set as a watershed today. The breakthrough is expected to continue to 3900, and if it does not break, it will continue to test the strong support of 3680. In terms of operation, the sentiment in the afternoon is weak, but the support is still very strong. The probability of a one-time breakthrough is not high. It is recommended that you can buy more first when the support of 3700 is touched, and then go up to kong

Whether it is Bitcoin or Ethereum, the key is the pce in the evening

Friday operation strategy

BTC, 67400, look at 68800 to 69500, if it goes up and touches the kong but does not break, then look at 70500

ETH, the area is 3710, look at 3820. If it does not break, it will look at 50 points, and if it breaks, it will look at 3900! Get in the car and come $BTC $ETH