Technical analysis:
From the current market trend, the market has moved out of the sideways state of the daily line in the previous period, while Ethereum is different. It is still oscillating in a narrow range on the daily line and has not really moved out of the oscillation box. Therefore, the overall market will move in the range of 70000-72000, while Ethereum will move in the range of 3780-3900
Contract strategy:
BTC is a small long near 70200, stop profit near 71800, on the contrary, a small short near 72000, stop profit near 70500
ETH is a small long near 3800, stop profit near 3890, on the contrary, a small short near 3900, stop profit near 3820
Note: This strategy is only for those who like to play bands/short-term. At the same time, remember to consciously set a stop loss according to your personal position. It is better to make a small loss than to carry a single order!
If the direction of the change is right, you can continue to hold it.
For the convenience of my family, if you need to analyze other currencies, please leave me a message at any time.
Personal opinion:
The trend has told us that the current market is rising, but the increase in Ethereum is not that much. Then we will focus on two points. One is whether this wave of the market can really stand firm near 7w, and the other is whether Ethereum will have a chance to make up for the rise in the next few days.
If the market fails to effectively stand firm at 7w, then the spot family can choose to trade based on their own positions. Of course, if you are not sure, you can ask me at any time. I will give the most suitable strategy for your positions.
