8.17 Zhang Lihui: Bitcoin rebounded and broke again, and continued to buy on the retracement. Where is the key support? The latest Bitcoin Ethereum (BTC, ETH) market analysis and operation reference

The Ethereum short test last night was not very effective. Although it went down as expected, the strength was not very strong. The K-line almost touched the lower track line 2540 and came up, but it could also get 50 points of space. Sure enough, the 4-hour Bollinger band channel closing market will not be too big. The current market has returned to the 4-hour EMA30 position to test the pressure position. Can it give another short-selling opportunity? Lihui believes that there are still short-selling opportunities, because there is heavy pressure above the 1-hour line K-line, which is much worse than the Bitcoin indicator, especially in the EMA60 to EMA150 range , the current market is moving downwards again to hit the 1-hour middle track, and if it breaks, it will continue to consider reaching the lower track 2564 (current position). The volume above the 1-hour 0 axis is closing again, and the overall volume is weaker than yesterday. DIF and DEA are closing again, and there is a top divergence effect in the short term. You can pay attention to the strength of its dead cross to form a market decline; if the lower track has not been broken today, you can go long; Bitcoin 1-hour Bollinger Band channel opens upward, and the price of the currency hit the upper EMA250 last night and then fell back to the current EMA120. The middle track and EMA30 support are considered below, and the overall volume is stronger than yesterday, but the current M ACD is also shrinking above the 0 axis, and DIF and DEA are also closing. You can pay attention to whether the currency price can break through the EMA30 position after retracing;

In the 4-hour chart, the upper track of the Bollinger band rises, and the K-line touches EMA80 in the early morning and then turns back. It is currently close to the EMA30 to the middle track position. Pay attention to this interval. If it does not break, you can take more. If the middle track position cannot bear it, you can continue to consider taking shorts to the lower track (currently 56813); MACD starts to increase above the 0 axis, and the volume is not very strong, but the golden cross of DIF and DEA has been formed, and we have to consider its effect when it is close to the 0 axis;

It is recommended to retrace 58600-5 Long in the 8400 range, stop loss at 58100, target at 59400-59800-60800; if the long order is lost, it can be further adjusted to the 4-hour lower track 56800-57200 range to open long, and the target remains unchanged;

The short position continues to refer to the previous round of EMA150-EMA200 range suppression, and it is recommended to open short in the 61000-61500 range, with a target of 1000-1500 points; #ETH🔥🔥🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 #BTC☀ #BTC突破7万大关 $BTC $ETH