At the beginning of the new week, Bitcoin once again led the rise of mainstream currencies. Our bullish strategy last Friday also has good profit margins.
After the current weekly K update, the overall trend of Bitcoin is stronger than that of Ethereum. The price has stabilized on the middle track of the BOLL band. Once it stabilizes on the 66,000 line again this week, it is only a matter of time before it breaks through 68,000-70,000.
The overall trend of Ethereum is much weaker. The current currency price is rising slightly relying on the MA5 10-day moving average. The TD indicator has reached TD4, and the MACD is below the zero axis, and there are signs of shrinking shorts. The KDJ three lines are rising slightly. From the weekly K perspective, if the currency price cannot effectively fall below the MA5 daily moving average and the TD indicator is not destroyed this week, then the overall trend this week will not be too bad.
On the daily chart, Ethereum rose nearly 200 points today. The K column showed a large positive column, and the MACD and KDJ indicators showed a bullish resonance upward trend. The indicators showed strong bullish sentiment. If the coin price falls back in the early morning, we will still maintain a low-long view. There are currently two key pressures on the upper side that suppress the coin price at 2660-2720. If these two pressure levels can stabilize, then the coin price will break through 2800-3000 again and there is hope that it will reach this week.
After the 4-hour closing at midnight, the coin price TD indicator reached TD7, and the coin price continued to break through the upper track of the BOLL band (this is not a healthy trend indicator, it is seriously overbought, and you should not chase high at this time, as it is easy to be trapped). In terms of indicators, the current bullish sentiment is dominant, but due to the gap between the 4-hour coin price and the MA5 daily moving average, it is expected that the coin price will go out of a small retracement in the early morning to consolidate the bottom foundation and continue to rise. Therefore, for early morning operations, my personal opinion is to maintain short-term bands, and you can think of high-altitude first and low-multiple. Specific real-time guidance is the main
Operation suggestion: Ethereum 2630-50 short target: 2580-2540 stop: 2665
Big cake 65800-66200 箜 Target: 65000-64000 Stop: 66500
The reference point for Ethereum long position is 2550-2530. Target: 2660-2720. Stop at 2500
The long position of Bitcoin: 64500-64000. The target: 66200-67000. The stop is 63500 (since both long and short strategies are involved, friends who are not sure can consult in time)
For the short term, we will stop here and analyze it in detail later.#美国大选如何影响加密产业？ #BTC突破6W6 #美联储11月降息预期升温 
