Market analysis:

One: BTC

Weekly level:

The MACD line is still suspended and turning downward, and the momentum column is gradually decreasing. There are generally two ways to repair this indicator pattern.

(1) Repair by letting the price fluctuate in the range,

(2) Repair by directly killing the price. In short, no matter how to repair the MACD indicator, the MACD line must go down,

close to the 0 axis, so as to start the next stage of the big market. The more complete the repair, the stronger the sustainability of the next wave of market.

Daily level:

It shows a moving average adhesion pattern, the K line runs below all moving averages, and yesterday's daily line closed with a Yinxian cross star pattern with a slightly longer upper shadow line.

4H level: The bottom was around 64,000 the day before yesterday. Currently, we are observing whether the two bottoms at the 4-hour level can be formed. Small-level pullback, resistance: around 66,500.

Two: ETH: ETH has not broken the $4,000 mark since it hit the lowest callback to around 3,360, and started the oscillation mode in the 3,660-3,360 range. In the short term, ETH is expected to fall back to the strong support around 3,360. After all, the support of 3,360 has been verified by two pins.

Summary: BTC weekly and daily levels are bearish. We expect that the small level will go out of the institutional trend and 64,000 will not be broken. Only then can the bulls blow the

counterattack horn.

ETH is expected to fluctuate widely around the daily level to repair the weekly MACD indicator, with resistance at 3660 and support at 3360.$BTC $ETH