Technical analysis:
Last week, the market had a lot of corrections. At the end of Saturday, the daily line of the market was also in a slow recovery. From the current market trend, the daily level of the market will still be sideways, and the overall will fluctuate in the range of 65500-67500, while Ethereum will be sideways in the range of 3560-3660. Continue to wait for the market to repair the trend and then change the market.
Contract strategy:
BTC is short near 67200, stop profit near 66200, on the contrary, it is long near 65800, stop profit near 67300
ETH is short near 3660, stop profit near 3570, on the contrary, it is long near 3560, stop profit near 3650
Note: This strategy is only for those who like to play bands/short-term. At the same time, remember to consciously set a stop loss according to your personal position. It is better to make a small loss than to carry an order!
If the direction of the change is right, you can continue to hold it.
For the convenience of my family, if you need to analyze other currencies, please contact me at any time.
Personal opinion:
First, let me say the conclusion and then analyze the reasons. I am bullish on the market this week. From the weekly trend, the weekly trend of the market is below the box. This week, we will focus on whether it can be stabilized near 65,000. If it cannot be stabilized, it can only accelerate downward. If it stabilizes near 65,000, the market will continue to return to 69,000 again.
As for the news, I took a look at it. It seems that there is no more important news that can stimulate the trend of the market. We cannot control the sudden news, so we can only pay more attention to it.
