Key points of BTC and ETH trends

I. BTC situation

Since rising from 62,000 points in mid-October, BTC has fallen below the 30-day moving average for the first time and is now stabilizing above 95,000 points.

95,000 points has been a key defense line for more than a month, and the daily line needs to bottom out here after three consecutive negative lines. If the US market holds on Friday and the weekend fluctuates and adjusts, it may rise next week.

After the 4-hour line hit a new high, there was a small-level three-wave decline, stabilizing around 96,000 points, and 95,000 points was the key support.

Pay attention to the support and rebound of 96,000-95,000 during the day, and pay attention to the pressure of 100,000-101,000 above.

II. ETH situation

ETH has three consecutive negative lines on the daily line, and has dropped to the bottom of the box at the end of October, around 3,300 points. The technical side is damaged, and it can only rely on the K-line arrangement to find a reference for the support of the capital plate.

3300 points on the 4-hour line is the last line of defense, because it is the starting point of the market at the end of November and there is a holding cost tray.

3000 points is the boundary between the bull and bear markets of altcoins. If this line is not broken, altcoins may still have a bull market in March.

Pay attention to the support and rebound of 3350-3300 during the day, and pay attention to the pressure of 3520-3560 above.

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