$BTC $ETH Let's take a look at the market trend
After the market crashed and adjusted in the past few days, it began to stabilize and increase in volume yesterday. The big cake began to fluctuate upward last night and has now broken through 58,000. At the four-hour level, the big cake has stabilized after a strong upward stretch to the 56,000 area. It is still in an upward trend. The operating channel is developing in an open upward trend, the long volume is in a strong and large-volume state, and the three moving averages are rising significantly! The upward trend of the price of the Chinese currency is obvious at the small cycle level!
At the one-hour level, the operating channel is obviously open and upward, and the long volume is also in an arranged and large-volume state. There is a demand for a retracement at the short-term level, but it does not affect the overall upward demand.
At present, the strong pressure of the big cake is at 60,000, and the support moves up to the 55,000 line; the strong pressure of Ethereum is at 3200, and the strong support is at 2800.