Blockchain Liangqiu: 10.7 Bitcoin/Ethereum Operation Strategy with Market Analysis

Bitcoin/Ethereum rose again in the early trading. Bitcoin once rose to around 63950, and Ethereum also rose to around 2513. The current market is fluctuating sideways again. After the current market rises, it is necessary to focus on the 64000-line suppression of Bitcoin, and refer to the 62000-line support below. The probability of sideways fluctuations this week is not very high. After all, the capital market game will intensify this week, especially the opening of the A-share market tomorrow, which has exacerbated this phenomenon. At present, long and short are more like a game of funds.

On the daily line, Bitcoin and Ethereum have all broken through the MA7-day, 10-day, and 30-day moving averages, ending the sideways trend over the weekend. The bulls are relatively strong, but the moving averages are not arranged to turn upward, and the market still has room for further repair. In addition, Bitcoin has risen to the 64000-line level, which is the dividing line between longs and shorts many times in the previous period. This position will have a repeated process. It is not advisable to chase more after the market rises.

In terms of operation, short orders are entered near 63800 Bitcoin, with a defense of 600 points and a target of around 62500; short orders are entered near 2510 Ethereum, with a defense of 40 points and a target of around 2450. The publication is effective, with real-time guidance as the main focus. #非农人数大幅升温 #加密市场反弹 #9月小非农数据高于预期