Blockchain Liangqiu: 10.11 Bitcoin/Ethereum Operation Strategy with Market Analysis

During the rapid decline of the market of Bitcoin Ethereum in the early morning last night, we decisively entered the market with long orders near 59000 and 2330. After the market bottomed out, it rose as expected. The overall space is not bad, which can be seen in the previous posts. At present, the market has entered a sideways state again after rising, but first of all, we should pay attention to whether Bitcoin Ethereum can break through the high point of 61300 and the pressure near 2440 last night. If there is no breakthrough, it will continue to fall after rising. After all, the market is still in a downward channel on the weekly chart, and there is no obvious change.

On the daily chart, Bitcoin Ethereum also broke through the MA7-day and 10-day moving averages and ushered in a rebound near 59000, but 59000 is not the real support for this round. The support below needs to refer to the 58000 to 58500 line of the previous daily line where there were multiple long and short conversions. After the market rebounds, it will repeatedly rise and fall to test whether the support below is effective. In the 4-hour MACD cycle of the Bitcoin technical indicator, both DIF and DEA are negative and the MACD histogram continues to be below the zero axis, which also shows that the short position is strong. Pay attention to the high point suppression above.

In terms of operation, short orders are entered near 60800 to 61200 for Bitcoin, with a target near 59300; short orders are entered near 2415 to 2440 for Ethereum, with a target near 2360. The publication is effective, and the specific guidance is mainly real-time. #9月美国CPI实现6连降 #CPI&PPI来袭，美国通胀升还降？ #特朗普当选概率上升