Analysis of Bitcoin and Ethereum trends in the early morning:
After a wave of declines in the early morning yesterday, the 4-hour level fluctuated widely during the day and almost fell below the daily support of 66,900. Fortunately, it closed above it. If it fell below it, this wave of daily level rise would end and the daily line would start to pull back. The small-level rebound is very strong at the moment, and it just hit the pressure level of 68,400 in the 4-hour sideways zone. #BTC走势分析
Pay attention to the 68,400 position in the early morning of the big cake. This position is the pressure level of the 1/2 hour rebound. If it cannot stand at this position, the small level will still not go up. Pay attention to the following positions of 67,700-66,900-66,170 (as long as it does not fall below the daily support of 66,900, the 4-hour level continues to fluctuate widely in the sideways zone)
If the rebound stands above this position, then this wave of 4-hour pullback ends and the 1/2 hour level starts to rise. Pay attention to the upper target/pressure level of 69,075-70,000-70,720. #BTC $BTC
Ethereum's rebound is weak now. I don't know if it's because it was too strong a few days ago. The one-hour rebound in the evening is not strong. Pay attention to the position of 3695 in the early morning. As long as it does not fall below this position, the one-hour level will rebound. Pay attention to the upper pressure position near 3743-3780-3830.
If it falls below 3695, the one-hour rebound will end and the market will go short. Pay attention to the lower support position near 3635-3525-3432. #ETH $ETH