Is the high end or ready to go?

Yesterday, the weekly K came and Bitcoin and Ethereum started to pull back again after the high. Bitcoin is only one step away from the 70,000 mark, and Ethereum also failed to break through the 3,500 mark. From the daily level, the double needle peaked. Is this round of high really over?

From the daily level, Bitcoin is actually expected. The price of the currency has been consolidating at a high level and has never been able to break through. In the evening, it also pulled back from the 70,000 mark to around 660. However, the decline did not continue. Instead, many friends were washed out in this round of decline, which is what the dealer wants to see. From the short-term level, Ziming also mentioned in the previous article that the top and bottom conversion was completed in the short term after the last round of highs. Then this round should focus on Bitcoin 655 and Ethereum 325. As long as the upward trend still exists when this round of support is not broken, the subsequent layout ideas can still be treated as retracement and long. Otherwise, this round of pullback will start again, and the currency price will oscillate around the box again.

Bitcoin is long around 655-658, target is around 675-685

Ether is long around 325-328, target is around 337-343#比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？