Thursday afternoon short-term Bitcoin, Ethereum market analysis
Bitcoin, the current status quo is basically in sync with yesterday. It rose into a wedge shape yesterday afternoon and tested the trend line three times, but failed to break through and fell back by more than 5%. According to the tracking of major orders, before the decline, large investors made arrangements in advance, and a total of US$166 million of sell orders were traded in the 57300~57500 range, including multiple short orders worth over US$32 million!
Currently, BTC is testing the key pressure of 57,710. It also has this feeling. It is still a principle of failure to break through. The lower support is 54,540. In the morning, it rose by more than 2,500 points from around 55,000 and then fell back to 57,600. The short-term pressure refers to the vicinity of 57,600-57,800. It can be short if touched. Then the lower support is around 55000-55500, which can be much lower. At present, looking at the wide range of shocks, there is a lot of room at the top and bottom!
For Ether, the upper pressure is 2530 during the day and the lower support is 2320. Just run in sync with the pie.
Thursday operation strategy
Big pie, 57500 area, look at 55000,
Ether, sync in and out together
If you don't operate well and can't see the short-term, you can look for Teacher Ultraman's ideas!
