Blockchain Liangqiu: Analysis of Bitcoin/Ethereum Evening Operation Strategies on July 25

Bitcoin and Ethereum began to fluctuate and fall last night, and then began to accelerate their decline in the morning. The overall downward space is relatively large. It is in a sideways state after the decline. The trend is indeed relatively weak. The current market is also constantly testing the support below. If the support is effective, there will be a rebound. There is no need to be overly bearish. The market will still have a repair and sorting process. In fact, after each wave of the market comes out, it will enter a sideways stage. As long as Bitcoin and Ethereum do not continue to break down today and tomorrow, the market will continue to sideways at this position, and you can do a good job of selling high and buying low in the short term.

On the four-hour line, Bitcoin and Ethereum have all reached the lower track area of ​​the Bollinger Band. There is a short-term support at this position, which is also near the low point after the early decline. Bitcoin focuses on the 63,000 to 63,500 first-line support, and Ethereum also focuses on the 3,100 first-line support. Once it falls below the support, the market will move closer to 61,000 and 2,900, but there is no need to worry too much before it breaks. After the daily MA7-day and 10-day moving average indicators were broken, the top and bottom conversion pressure will be formed in the future. Pay attention to the 66,000 and 3,300 lines on the top. The evening market is mainly based on repair.

In terms of operation, long orders are entered near 63,500 to 63,800 for Bitcoin, with a target of 65,000 to 65,500; long orders are entered near 3,120 to 3,140 for Ethereum, with a target of 3,200 to 3,250. #美国大选如何影响加密产业？ #BTC #ETH