After the end of the monthly line of Bitcoin, the daily line continued to fall. The current price fluctuates around 57,000, showing signs of directly falling below the 60,000 integer mark. On the daily line, there is no obvious short-term suppression, but attention should be paid to the position near 61,500. The high-altitude layout in recent days is not perfect, and there is a lack of effective high-level chips. On the daily line, referring to the long position on the daily line, Lao Lin only gave 52,500, which is the position of the price starting point in February. On the short-term four-hour chart, the price showed a short-term arrangement and divergence, and 59,500-60,600 formed a spatial position for the top and bottom conversion. After the long-short energy conversion in the early morning, a four-hour long upper shadow pin was formed, indicating that there is a protective force in the market, but it is not very strong at present. However, it is not a problem for the subsequent price to test the 59,500 line during the day. Based on the above views, it is recommended to operate around a small range during the day. Overall, the price will fluctuate and repair at a low level after the decline.
As for Ethereum, the price has fallen below 3000 on the daily chart, showing that there is a lot of bottom-fishing power in the 3060-3130 range, but there is also upward selling pressure at this position. This means that traders who have previously locked orders may choose to increase or decrease their positions after the price rises, forming upward resistance. On the four-hour chart, the short-term suppression level focuses on 3050. The technical bullish power is relatively weak, and the price does not have much upward momentum. On the one-hour chart, the Bollinger band begins to close, and the price stabilizes briefly. In the short term, attention should be paid to the support strength of 2920. Based on the above views, it is recommended to operate around a small range during the day. Overall, the price will fluctuate and repair at a low level after the decline.
The market is unpredictable and opportunities are fleeting. Only by paying close attention to every subtle change and seizing your own opportunities can you remain invincible in the ups and downs of the market. Are you ready today? Let's look forward to the wonderful performance of the market together!
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