Liangqiu, Blockchain: After the short position of Bitcoin/Ethereum was closed in the early morning on May 17, the short position was pulled up in the evening to continue to enter the market

Since the rise, Ethereum has been sideways at a high level, but Ethereum has obviously been weak, and the middle track of the daily and weekly Bollinger bands has never been broken. Our idea of ​​pulling up the short position in the white market was also verified during the decline in the evening, and all the previous posts can be seen. At present, the market is consolidating again. Combined with the market, the pressure above 67,000 and 3060 still exists.

From the perspective of the daily and weekly lines, the pressure above Ethereum is still relatively strong, and the primary concern is the pressure of the 3060 line. As long as this position is not effectively broken, the problem of Bitcoin pulling up Ethereum to make up for the rise will not be considered in the future. However, once 3060 is effectively stabilized, we can no longer consider the problem of short positions, and we need to consider the problem of Ethereum making up for the rise. From the perspective of support below, Ethereum is currently consolidating near the MA7-day moving average of 2940, while the three lines on the Bitcoin moving average are currently resonating upward, with the moving average support at the 63,000 first-line area. In the future, considering the moving average moving up, it will be supported near 64,000.

At present, the market is mainly in waves. In the early morning, short orders will continue to be entered near Bitcoin 66,000 to 60,300, with a target of around 64,000 to 64,500; short orders will continue to be entered near Ethereum 2970 to 2990, with a target of around 2900. Just defend 67,000 and 3030. #新币挖矿 #BTC走势分析 #BTC #ETH