Wednesday, Bitcoin and Ethereum afternoon thoughts
Recently, Bitcoin has risen wildly. No matter how much the exchange rate falls, it will be strongly held by the bulls. Looking at the market at this pace is like hitting a rock with an egg. Do you still want to buy? The exchange rate hit 67,500 in the early trading but failed to continue and then fell back to around 66,880 and rebounded again. At present, the exchange rate has basically stabilized at the 67,000 line. The bullish trend is self-evident.
In the four-hour chart, after the exchange rate rose in the big sun, it also showed a relatively obvious range of oscillation upward pattern. There was not much retracement in the trend, and the Bollinger Bands kept running upward. The KDJ indicator in the attached figure was glued together and sorted. The short-term oscillation sentiment was relatively strong. At present, the market is in the stage of high-level sorting and repair, so the strong structure has not changed, and the general direction is still bullish!
Afternoon suggestions
Big cake 66900-66500 area, look at 68000-69000
Ether 2600-2580 area, look at 2700 area
Before you catch up with Lao Ma, all of this is just a string of words, but if you can catch up with Lao Ma in time, it means that your road to lying flat has begun!
