Analysis of the early morning Bitcoin and Ethereum market:
Brothers, it finally crashed. I am actually a little excited about this wave of decline. I still hope it will continue to fall. Otherwise, this price will make me buy spot. Unless I am crazy, I will have the opportunity to enter the market and make money only when it falls. Otherwise, I would rather wait and miss it than buy it wrong. Although Bitcoin will definitely make a profit in the medium and long term, why not buy cheap chips? There is no such thing as rising but not falling in this market!
The market analysis during the day said that this wave of rise was a bit unexpected. After a wave of rise in the afternoon, it started to go sideways at the top. When it reached the pressure level and could not go up, it would start to pull back. However, this wave of pullback directly fell to the support level of the 4-hour level. I looked at the top and bottom of the 4-hour decline of only 3 points, and the decline was not very large!
Market analysis at night:
$BTC Pay attention to the position of 68300 at night. If it stands above this position, the 4-hour level will be temporarily stable. Pay attention to the upper target/pressure level of the small-level rebound near 68800-69840-70200. As long as the 2-hour level closes above 68800, the market will fluctuate upward after this wave of callback ends!
If the 4-hour level closes at night and does not stand above 68300, the 4-hour level will start to callback. Pay attention to the two small support levels of 67480-67035. If it falls below 67035, the daily level will start to callback. Pay attention to the two supports of 66400-65750! #BTC走势分析
$ETH Pay attention to the position of 3290 at night. If it stands above this position, the 4-hour level will be temporarily stable. Pay attention to the upper target/pressure level of the small-level rebound near 3340-3380-3407. As long as the 2-hour level closes above 3340, the market will fluctuate upward after the callback ends!
If the 4-hour level closes at 3290 at night, the 4-hour level rebound will end and the market will turn bearish. Pay attention to the support level below 3258-3223-3173! #ETH走势分析
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