Mr. Coin in the Coin Circle: 10.2 Bitcoin (BTC) Market Analysis Reference

Bitcoin ended with a series of negative lines, and continued to fluctuate and fall after opening the day. The current trend broke through the 62,000 line, and the price is falling. The daily line has given a callback signal. As long as the price does not break through the upper pressure of 63,000, the probability of another decline is expected to increase. The trend may retrace the support of the 60,000 mark. I hope that coin friends will be prepared in advance.

From the short-term hourly chart, the trend has closed negative for consecutive days, the Bollinger Bands are in an open posture, and the price continues to fall from the lower track. At present, the bearish sentiment is relatively strong. If the 15-day moving average pressure above 63,200 cannot be broken in the short term, the decline is expected to continue. At present, the short-term downward intention is relatively obvious, and the daily line also gives a callback signal. The 4-hour MACD is below the zero axis, and the fast and slow lines are diverging downward, indicating that the bearish force is strong. The current price of the currency is lower than EMA7, EMA30 and EMA120, and the short-term moving average (EMA7) has crossed the long-term moving average (EMA30 and EMA120) and the overall trend has not changed. The subsequent focus is on the support area near the daily EMA30 moving average of 61350. Once it falls below, there will be a large downward space. Pay attention to the breakout or stabilization of this range. If it breaks, continue to maintain the rebound shorting idea. On the contrary, if it stabilizes, pay attention to the 63000-61000 consolidation range. The current trend is weak, and the rebound shorting idea is maintained steadily.

10.2 Bitcoin short-term reference:

Long order, long in the 60300-60800 range, defense 59300 replenishment, stop loss 59000, target above 61500,

Short order, short in the 62600-63000 range, target below 61800, defense 63900 replenishment, stop loss 300

10.1 Ethereum short-term reference:

Short order: 2541 -2580 short, defense 2650 cover, stop loss: 2670 target below 2460,

For long orders, focus on the 2360-2390 range, stop loss 50 points, target above 2460,

There is a delay in sending the chapter, and 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🔥🔥🔥🔥 #美联储11月降息预期升温 #美国8月核心PCE创4月以来新高 #热门事件