BTC and ETH evening analysis: The market bottomed out and counterattacked, but the strength was limited
The bitcoin price was in a step-by-step upward oscillation during the day, and it was still operating in a wide range of oscillations. The data released at 20:30 tonight was negative for the technical aspects of the currency circle. It counterattacked upward. Basically, every data diverged from the technical indicators, so the bitcoin price immediately went up after the pin was inserted, but from the overall trend, the range was still not broken. The upper 4-hour lifeline was near 62330. Before it stood firm, the bullish trend was still not established
BTC from the 4-hour chart: the trend range is 59800-62500, and the moving average indicator started to cross upward after closing at 16:00 in the afternoon, but the upward momentum has been released, so combined with the attached indicators, KDJ is in the overbought range, because once it is overbought, the upward space will not be very large, and it will inevitably turn downward. OBV is also bearish below the yellow line, and only MACD is upward. Overall, the space for rebounding after the rebound is more appropriate.
BTC evening strategy: 61850-62350 short, target around 60500!
ETH evening strategy: 2435-2445 short, target around 2375!
