Mr. Coin in the Coin Circle: 10.1 Bitcoin (BTC) Market Analysis Reference

Bitcoin has entered a correction rhythm at the daily level, and the current low has reached around 63,000. The short-term market has maintained a weak decline, and it is expected that there will be further declines in the future. The news is also mixed, and the short-term pattern is not clear, which has led to a relatively repeated market in the recent period. The general direction target remains unchanged. Judging from the trend in recent days, the short-term trend is complicated. This is mainly due to the profit-taking of the previous wave of funds and the interweaving of the negative and positive external market conditions. There are large differences of opinion within the coin circle in the short term, so the market structure has not reached a consensus. Mr. Coin recommends that you must control risks in recent entry operations and beware of losses caused by market reversals.

Bitcoin has entered a correction trend at the daily level. The intraday low is already close to the 63,000 line, and the intraday decline is nearly 3,000 points. From the hourly chart, the price is running in the lower track area of ​​the Bollinger band. There is no rebound signal in the short term, and the current trend is relatively weak. The Bollinger Bands are opening downwards. As time goes by, the upper resistance is still moving downwards. If the short-term market cannot break through the 64,000 line, the price may still retreat to support. The MACD fast and slow lines form a dead cross, and the bar chart continues to expand. The current EMA price is lower than EMA7, EMA30 and EMA120. The short-term, medium-term and long-term moving averages are arranged in a short position, and the market short-selling force is strengthened. I hope all coin friends will be prepared in advance. Our short-term thinking is stable and the rebound short position is the main one. If the position breaks, follow up with a light position.

10.1 Bitcoin short-term reference:

Long order, long in the 61500-62000 range, defense 60500 replenishment, stop loss 60000 points, target above 62500,

Short order, short in the 63600-64000 range, target below 62500, defense 64800 replenishment, stop loss 300

10.1 Ethereum short-term reference:

Short order: short in 2601-2630, defense 2750 replenishment, stop loss: 2770 target below 2530 Fang,

For long orders, pay attention to the range of 2480-2510, stop loss 50 points, and the target is above 2580.

There is a delay in sending the chapter. The strategy suggestions are for reference only. The market changes rapidly. No matter how high your judgment of the market is, you must take the stop profit and stop loss well, and put the profit in the bag $BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥 #非农就业数据即将公布 #币安上线CATI #热门事件