Today's Market Observation
For BTC, the daily support level is in the range of 68000-72000, and currently, this region will not provide bulk support, still needing to gradually instill confidence in the market. #BTC金LTC银
Market liquidity is relatively low, so BTC needs to maintain a relatively stable price performance, compared to Bitcoin
In terms of ETH's technical trend, a pullback to the 3200 support zone is a normal adjustment. Many target ranges mentioned earlier between 3200-3500 have already been met.
People believe that after breaking 3500, we can see a high point at 3800, but in my view, the gap between 3500-3800 is not obvious.
This time, the upward momentum of ETH is relatively weak, but it has also driven the trend of altcoins. The first support level to focus on during the day is around 3200, with effective support in the 3000-3060 range.
From a four-hour perspective, ETH has multiple support in this support area.
It is expected to continue to push upward during the day to repair yesterday's upper shadow trend, with resistance positions during the day in the 3340-3380 range. #DOGE看涨情绪飙升 #比特币搜索热度攀升 #Mt.Gox地址动向 #加密货币总市值破3万亿美元
I am long-term bearish, if you currently don't know how to layout, you can come to me and we can discuss together!