Technical analysis: BTC
Yesterday, A-shares opened high and went high, but plunged sharply in the late trading. The Shanghai Composite Index closed negative. Today, it opened slightly lower and continued to rise. #Btcoin
BTC rose to around 64800 in the morning and then gradually fell back, entering a slow decline mode of more than 2,000 points in the day. A slight rebound in the morning. On the daily level, yesterday's high fell back and closed with a real negative line. It currently forms a V-shaped double top structure with August 25. This is the first time that the K-line has fallen below the daily 7-day moving average after rising for ten consecutive days.
The four-hour level shows that the market is steadily declining. The bottom of the box near 62500 is the key support. If it falls below, it will open a more obvious short trend.
The intraday operation recommendation is to focus on rebound shorting. The upper focus is on the pressure range of 63500-64000, and the lower support is 62500. If it falls below this point, it can continue to look to 62000, and the short-term target further points to 60500.
ETH: The four-hour level shows that yesterday's Asian session hit a high and fell back in the morning and closed with a negative line, entering a volatile decline mode. #etf以太坊
The 7-day moving average turned downward, breaking through the 14-day and 30-day moving averages, forming a dead cross, and the K line oscillated downward close to the 7-day moving average.
The daily level closed with a real big negative line yesterday, breaking through the 7-day moving average support. There was a small rebound in the Asian session in the morning.
The intraday operation suggestion is also mainly rebound shorting. The upper pressure focuses on the 2610-2640 range, and the lower support focuses on the recent high-level box oscillation bottom 2540. If it falls below this position, the further downward target is around 2460. #新币挖矿已上线HMSTR #谷歌云与Solana合作 #本周美国将公布PCE、GDP数据
If you want to know specific opportunities and specific decisions, welcome everyone to follow Changkong. Click on the avatar to view the text and teach you how to make money in a bull market and earn coins in a bear market.
