Blockchain Liangqiu: 7.5 Bitcoin/Ethereum early morning operation strategy with market analysis
The Bitcoin/Ethereum market has fallen again in the past two days. The big cake has also fallen directly from the high point of 63,800 to 56,800, with a decline of nearly 7,000 points. The same is true for Ethereum. The decline is relatively large. The overall market trend is still very weak, and there is still room below. In fact, friends who have followed the operation in the past few days should have taken a relatively large space. They have been emphasizing the entry of short orders. At the same time, there have been no too many articles during this period for various reasons.
At this point in the market, the rebound trend is still very weak, and from the current rebound rhythm, it is more of a market repair after a rapid decline. It is just a weak rebound, not a reversal. The market still has room to fall further and needs to find support below. From the perspective of the four-hour and daily lines, all are in an oversold state, and the support is broken step by step. The previous support will gradually become pressure. From the weekly line, Xie Jun's decline has not ended. From the previous market trend, we first need to pay attention to the top and bottom conversion pressure of 68500 for big cake and 3150 to 3180 for Ethereum. We will gradually operate under the pressure, and pay attention to 56000 and 2950 to 3000 support below.
The short-term thinking is still mainly around rebound shorts. Big cake recommends continuing to enter shorts near 57800 to 58100, with a target near 56300; enter shorts near 3150 to 3180 for Ethereum, with a target near 3000 to 3050. #BTC走势分析 #币安合约锦标赛 $ETH
