Tuesday, Bitcoin and Ethereum afternoon thoughts

After yesterday's strong rise, Bitcoin did not fall back much, and then rebounded again. The price rose to 66,500 this morning. From the current market, the short-term high-level stagflation performance has appeared, so the price has continued to fall slowly since the early trading. As of now, the price has fallen to 65,200, and the current market is fluctuating around 65,400.

In the short-term 4-hour chart, the Bollinger Bands upward channel remains good. After the K line continues to rise above the upper track, it has also made a small correction, which has not affected the current strong structure. In the attached indicator, MACD Jincha is upward, and KDJ three lines turn downward, indicating that the market has a demand for a correction but the strength will not be great. The current correction is just accumulating power. After the correction, it is expected to break a new high again. In the afternoon, focus on the support of the 65,000 mark. It cannot be effectively broken down, and the short-term operation remains bullish.

Afternoon suggestions

Big cake has more in the 65500-65000 area, look at 66500-67000

Defend 64500, if you lose, go short

Ether has more in the 2600-2580 area, look at the 2700 area

In the current market, just looking at some market analysis is definitely not as practical as real-time guidance. If you can't eat, can't handle, can't beat, there is only one way, use the force to fight the force, those who understand will understand!

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