A strong bull is coming to ignite the market, analysis of Bitcoin and Ethereum ideas on Tuesday!
At the beginning of the week, the state was very good, with a narrow range overnight. Our range moved high and low, ran 7 times, and won 3,000 short-term, Ether 180, until the early morning eruption, forming a unilateral pull-up pattern, from a low of 67,000 Pulled up from the current high of 72,000!
At present, this is indeed the case. Everyone in the short-term market needs to pay special attention to risk control, especially in the past week. In the technical structure, at the four-hour level, the decline in the second wave has been completely recovered, the Bollinger Bands have opened upward, and the 7-day positive trend has led to a strong increase. The volume and energy have also changed from short short shrinkage to long bullish volume, and many indicators are pointing to the long position. This is clearly a bullish trend. But here we need to remind you that there will be some room for release if the short-term excessive pull-up is called a repair action and a strong Yang pull-up. One step at a time is benign!
In the short term, the continuous Yang stretch has signs of pushing to continue to reach higher. During the day, we need to pay special attention to the weekly suppression of 73500. The price of 72700 in one hour is the short-term resistance for the rise, and the lower 68600 has formed a short-term top-to-bottom conversion suppression. On the 23rd of this week, the SEC made the final decision on the Ethereum ETF, so this uncertain factor may affect the trend of the market. Risk control must be done in recent operations. In terms of operation, follow the stuck points. When the big unilateral direction comes and continues, it is the time to wash, so be careful!
Ether rose violently in the early morning and early morning, with an increase of nearly 650 points. The high point touched near 3730 and fell back under pressure. The daily level can be seen near 3280 to form a top-to-bottom transition support, followed by the weekly moving average support of 3200. The daily short-term upper pressure is 3900 and the lower support is near 3450. There is a strong pull to divergence at multiple levels. kdj overbought. The K-line deviates more from the moving average and breaks through the Bollinger Band. In terms of white market operations, it is recommended that you continue to focus on the rebound first, then step back to repair and then go long!
Tuesday’s Thoughts and Strategies:
The BTC 69600 area is long, and the target is 72600 to 63500. If it does not break, the backhand is expected to be 1500. Around the main rhythm trend!
ETH 3600, look at 3800 to 4050! A small defense is sufficient, and you can attack in one direction!
To be honest, I have been writing articles at this pace from 7 to now, and I am very busy.Busy! Come quickly! $BTC $ETH $BNB
