Market analysis
BTC:
Observed on the 4-hour level, the price fell below the middle track of the Bollinger Band, indicating that the price trend is relatively weak.
Observed at the daily level, the price fell below the moving average support, indicating that the short-term market requires a certain correction. branch
The support level is at 50900 and the pressure level is at 51300.
ETH:
Observed at the 4-hour level, the price rebounded to the upper track of the Bollinger Band and then pulled back, but the price is still above the middle track of the Bollinger Band, showing a certain degree of strength.
The support level is 3050 and the resistance level is 3070.
