Blockchain Liangqiu: 7.16 Bitcoin/Ethereum Operation Strategy with Market Analysis
Bitcoin/Ethereum has risen again in the past few days, and Bitcoin has risen by more than 10,000 points. The trend is indeed very strong, and the short-term idea we laid out again last night has become a counter-point again. At present, the market has entered the sideways consolidation stage again after the rise. It is meaningless to chase more after the market has risen to this point. Pay attention to the strength of the retracement space in the future. The primary concern above is today's high point of 65,000 and the suppression of 3,500. In the subsequent batches of shorting, you can gradually test the upper pressure.
In the four-hour chart, Bitcoin and Ethereum have begun to fluctuate and retrace. Due to the fierce short-term rise, the subsequent retracement will also be relatively fast. Pay attention to whether the four-hour middle track line can form support, that is, around 3,300 and 62,000. On the daily line, the 7-day, 10-day, and 30-day moving averages have all turned upward, but the current moving average indicators are also below the four-hour middle track. As time goes by, the subsequent moving average repair process will also be near this line. Pay attention to the space for market repair and consolidation. Each wave of market rise and fall will be accompanied by market repair, and the repair process is the process of shock washing. If you don't have a certain amount of patience to operate, you will only chase the rise and kill the fall.
In terms of operation, short orders are entered near 64300 to 64600 for Bitcoin, with a target of around 62500 to 63000; short orders are entered near 3460 to 3480 for Ethereum, with a target of around 3350 to 3380. #币安合约锦标赛 #美联储何时降息?