The market continues to fluctuate during the day, and bulls are ready to go?

From the current overall trend, after yesterday's surge, Bitcoin and Ethereum were weak and prices continued to fall

Today, Bitcoin and Ethereum fell into a narrow range of fluctuations, with prices moving back and forth in a small range, and the bottom support is still strong

As can be seen from the chart, Bitcoin is strongly supported by the MA60 moving average at the four-hour level. As long as the price reaches this area, it will stop falling and rebound, and the short-term pressure during the day is near the MA7 moving average, and the price continues to fluctuate in a narrow range

Ether also continues to fluctuate around the middle and lower tracks of the four-hour Bollinger band during the day, and the lower track of the Bollinger band supports 3750-3720 , the upper short-term suppression MA30 moving average suppresses 3783, and MA60 moving average suppresses 3806, and both long and short positions have not been able to continue within the day.

Overall, the price of Ethereum has always been moving around the bottom support area, and as long as the bottom support is not broken, the retracement gives the opportunity to enter the market. The price of Bitcoin has been suppressed by the four-hour MA60 moving average. After the price stabilized yesterday, which is Monday this week, the price has always been running above it, and it is also near the middle track of the daily line. Then we can continue to pay attention to the support below, and long positions can still be tried!

As long as the bottom support is not broken for a day, as long as the retracement is our opportunity to take more!