BTC market analysis and weekend operation strategy

On the daily level, BTC showed a trend of rising first and then falling yesterday, and the price of the currency fell back to the support level near 94,000 points since mid-November. From the overall pattern of the daily line, since breaking through the 92,000 point high in mid-November, in each round of adjustments during this stage, its bottom point has shown a trend of gradual rise, and the current daily line as a whole still maintains a fluctuating upward trend.

From the perspective of the 4-hour line, the price trend in the past week showed an M-shaped outline, and the three low points below moved up successively. The support line near 92,000 points is particularly critical and needs to be paid attention to. In terms of intraday operations, the support strength of the 94,000-93,000 point area should be focused on below, and the pressure range of 97,000-98,000 points should be focused on above. Given that the market activity is usually low on weekends, the market is likely to be dominated by a fluctuating pattern, and the fluctuation range is relatively limited.

ETH market analysis and weekend trading guide

On the daily level, ETH fell back after hitting a high yesterday, closing with a negative line with a long upper shadow. Looking back at the market trajectory of the past week, the recent bottom price is stable around 3300 points, and the overall range is in a wide range of 3300-3500 points. From the 4-hour line, the market in the past week has shown a very significant sign of building a bottom in the range of 3300-3350 points, and the main funds frequently change hands in this area.

In the weekend operation layout, the support area of ​​3320-3380 points should be focused on. It is expected that the price will be supported and rebound here. On the upper side, pay attention to the pressure range of 3450-3500 points. The market expects that the ETH market will break through as soon as possible and gain a foothold above 3500 points, starting a new round of rising market.

For those who don’t know how to analyze and want to learn more about the cryptocurrency circle and get first-hand cutting-edge information, please follow me to see the information on the top homepage. I will take you on the train without any barriers. #加密ETF申请热潮涌现 #GMT热度飙升