More than 85,000 people have been liquidated in the virtual currency market, which may be related to the supply and weakening of the US dollar credit.
Bitcoin hit a new high, Ethereum rose the most, and the global cryptocurrency market rose nearly 3% overall.
The Venezuelan government banned Bitcoin mining, which led to an increase in demand for virtual currencies; Federal Reserve officials were cautious about rate cuts.
ETH/4-hour contract long and short data showed that bulls were dominant, with support at 3370-3420 and resistance at 3760-3800.
Short-term advice: Go short in batches at the current position of 3670-3690,
Target to 3560-If it breaks, go to 3420
Short orders to stop the decline and enter the market with long orders. #BTC突破7万大关 #BTC走势分析 $BTC