Monday, evening, Bitcoin and Ethereum, analysis ideas! Wait 🛫!
Bitcoin, afternoon bullish sentiment, the rhythm is stabilizing, there is no large amplitude retracement, the moving average support is obvious, the price has not been repaired after the strong positive pull, but it has been repaired in time, and the overall rhythm is still strong. The previous favorable news has basically been digested.
Now the only one is the turnover of Ethereum Grayscale, but these are all famous brands in the market, and they all know the news. Give the market time to digest the selling sentiment, just like Mentougou in the early stage. When it comes out suddenly, it will definitely affect a lot, but if you are prepared, the buying can be taken back, then the subsequent impact will be limited. Today, the two major exchanges have added nearly 60,000 eth in 24 hours, and the main bulls continue to increase their positions. The rest depends on the long-short contest between the main bulls. See who is better!
Currently, there are players who think that Ethereum will reach 2800 on the Internet. However, the value of Ethereum is not determined by retail investors, but by the dealers who have big chips in their hands. You are very aggressive, but they just won't sell. They will spend some money to control the market and pull you in! There will be a steady stream of small traders who are shorting Ethereum and giving away money! Do you understand what I mean?
We have arranged a trade in the afternoon. We are currently holding it and continue to be bullish. Big Pie is concerned about the pressure of 70700 and 71200, and the support is 68500! The pressure of Ethereum is 3460, and the support is 3320!
Thoughts on Monday night
Big Pie, any trade above 69300, look at 70700 to 71200!
Ether, any trade above 3365, look at the 3470 area!
That's all I have to say. The market is built by doing, not by watching. Don't wait until all the space is gone before you think of Ultraman, the quasi-god!
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