Mainstream currency market analysis
BTC:
The pie successfully fell below the 41,500 mark, and closed significantly lower than this price in the morning. The daily line came to near the lower track of the Bollinger Bands. According to this trend, the pie will break through the 40,000 line, and is expected to form support near 39,000. In terms of indicators, both MACD and KDJ cross downwards, the short red kinetic energy column becomes longer, and the upper holding plate forms heavy pressure. The white market idea recommends shorting near 41500, with a target of 40000-39000.
ETH:
Ether's daily line is also in a state of decline. The short-term decline is not as extreme as that of the big pie, but the general trend of shorts has not changed. The MACD indicator is dead cross, KDJ is opening downward, and the intraday rebound of Ether is all an opportunity for shorting. The upper resistance range is around 2480-2500, it is recommended to go short, and the target is 2400-2350.
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