Bitcoin: Judging from yesterday's mid-yin line, the market seems to be a little weak, but this does not mean that the market has completely turned bearish. It is currently at the 10-day moving average position, and the 10-day and 20-day moving averages have played a strong supporting role many times in history, so there is no need to worry too much. Although the energy column of MACD has declined, KDJ is already in a low area, showing that the space below is limited. Once it stabilizes in this area, a rebound in the future market can be expected.
On the whole, there may be some consolidation and shocks in the short term. It is expected that the price will be repeatedly tested near the 10-day and 20-day moving averages over the weekend, gradually digesting the upper selling pressure. If the trading volume can be significantly enlarged next week, there will be a wave of oversold rebound. In particular, once the pressure level of 73,600 above is broken, market sentiment will be further ignited, and the possibility of challenging new highs will increase greatly. Resistance level reference: 73,000-75,000 range;
Ethereum: Ethereum fell yesterday under the condition of enlarged trading volume, and finally closed with a negative line. It is expected that Ethereum may continue to remain in an adjustment state over the next two days of the weekend. However, there may be a rebound opportunity next week. The resistance level is around 2868 and 3102.
