BTC daily chart
On the daily chart, the price of Bitcoin closed and rebounded after hitting $68,600, just back to near the 7-day moving average. The uptrend started directly after the closing, the Bollinger Bands continued to open and extended upward, and the moving averages showed a bullish arrangement. The MACD fast and slow lines keep moving upward, the volume column turns to a heavy volume state again, the KDJ indicator crosses upward above the 80 value, and the VR indicator consolidates near the 180 value. On the whole, the market still continues the previous movement pattern, that is, it rebounds and hits a new high after stepping back from the market wash. In view of the fact that the trend is still continuing, the operation is still mainly based on retracements.
ETH daily chart
The technical aspect of Ethereum is similar to that of Bitcoin, so just refer to the overall trend. Tonight's Cancun upgrade may bring new breakthroughs to the market. Considering the price conversion with Bitcoin, Ethereum is expected to make up for the increase. Therefore, the operation still maintains the idea of retracing to buy long. The recent market has shown a bullish trend, but there may also be a market washout with slow rises and sharp falls, so positions need to be reasonably arranged in operation.
【Today’s results】
ORDI scored 800 points. The recent rebound in aviation conditions has been strong, and the competition between long and short has become more intense. Placing orders will definitely bring good losses.
