BTC market analysis and operation warning
Last week, BTC successfully repaired the previous pin-in market fluctuations. However, given the uncertainty of the market, we still need to be vigilant about the possible repair market this week.
The key support range is locked in the 92000-95000 line, and the intraday support is focused on the 97000-98000 range. From the overall trend, the subsequent BTC market is likely to show a volatile pattern.
For contract traders, it is necessary to strictly control risks and guard against unexpected losses caused by drastic price fluctuations. Appropriately reducing excessive attention to BTC trends may help maintain rational decision-making.
ETH market analysis and outlook
The current ETH market is relatively stable. Last week, its price dropped to 3500 points, which happened to be within the 3480-3520 support range predicted last Monday. This week, the focus range is 3760 - 3820, of which 3800 points is expected to become a key support line. This point is of great reference value both at the daily level and intraday trading level.
Last week's live broadcast mentioned that ETH is expected to break through the new high of the year, but the historical high may not be achieved immediately at this stage. Although it rose the day before yesterday, it did not reach the new high of the year, only one step away, which shows that the current market has not ended.
However, at this critical period, a small correction is a normal market phenomenon. In the future, we can expect ETH to rise further and drive the linkage market of the altcoin sector.
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