Trader Liang Qiu: 11.16 Bitcoin/Ethereum Operation Strategy with Market Analysis
Bitcoin/Ethereum bottomed out and rebounded again overnight. Ethereum has risen by 150 points from the low point last night to the present, and Bitcoin has risen by 4,000 points. The idea of pulling up the short orders that we continuously arranged yesterday also issued stop-profit notices one after another. The overall space is also very good. In addition, the bottoming rebound last night further verified that the support of 3,000 and 87,000 below Bitcoin/Ethereum is effective. The market has come to this point, and it is approaching the weekend. The market will still wait for a decision. The previous article has repeatedly emphasized that in the short term, pay attention to the pressure and support situation. Bitcoin pays attention to 92,000 and 87,000, and Ethereum pays attention to 3,000 to 3,300.
At the four-hour level, Bitcoin has not opened after several highs, and the long continuity has eased. The short-term market still has a repeated process. The current market is close to the 92,000 pressure level. Ethereum has begun to move down the channel. The overall trend is repeatedly oscillating between long and short positions, and the probability of short-term unilateralism is not high. In terms of technical indicators, MACD is currently in the short position, and both DIF and DEA are diverging downward, indicating that there may be some adjustment pressure in the short term.
In terms of operation, short orders are entered near 91500 to 91800 for Bitcoin, with a target near 89500; short orders are entered near 3160 to 3180 for Ethereum, with a target near 3080. At present, the market is mainly band operation, and the publication is effective, with real-time guidance as the main focus. #市场回调,观望还是上车? #新币挖矿你参加了吗?