1.17 Market Research Report $BTC $ETH $AUCTION
Bitcoin spot ETF’s total trading volume in first three days approaches $10 billion
The Ethereum Foundation address transfers 100 ETH, or it may be used for ecological funding
Market analysis:
After the price of BTC broke through upward at the beginning of the month, it fell back downwards on the 12th, releasing a large amount of floating chips. Looking at the market, there are signs of an upward breakthrough at the four-hour level within the day, and trading volume has increased. Judging from the disk, the daily line fell directly from the upper track to the lower track, and just closed at the middle Bollinger track. The moving average is still near MA30. There is no lower zero axis for macd for the time being and it is supported on the Vegas channel. Don't worry.
The market structure of ETH is rising in a band, using small-level corrections and sideways shocks to digest resistance. Bankers can quietly achieve the purpose of retail investors changing hands from low-cost to high-cost to reduce upward pressure as much as possible.
Today’s focus points
Upper pressure 43100-43800
Lower support 41700-41200
