Trader Liang Qiu: 11.17 Bitcoin/Ethereum short orders successfully retreated, and short orders continued to enter the market after the market rose
Bitcoin/Ethereum pulled up short orders yesterday and entered the market. There was a wave of decline in the early trading, and the space was also directly pulled full. The overall control during this period was still very good. After breaking the high point of 73,800 in the early stage, it chased long, and entered short above 93,000 in the later stage. The rhythm of the long and short conversions in the past few days can be seen. In addition, it is not always short after posting a short position. In fact, long positions can also be made. Long and short positions need to be well paced. At present, the market is slowly changing from wide fluctuations to narrow fluctuations. The market is about to change, and it is more important to pay attention to the control of rhythm. Bitcoin/Ethereum fell to 89,400 and 3035 in the early trading, and then rebounded again. The test support below is effective. Pay attention to the pressure near 92,500 and 3230 above.
The overall trend of the big cake on the daily line is strong. It is currently standing above the MA7-day and 10-day moving averages of 89,500, and is now testing the suppression of the upper 92,000 to 92,500 line. After too much short-term tug-of-war, the MA7-day and 10-day moving averages of 3180 have been broken, and the moving averages have turned downward, increasing pressure. The four-hour operation is smooth, the continuity of long and short is not strong, and the hourly line has also begun to gradually press down. In the short term, it is possible to do a good job of narrow range shocks, high selling and low buying, and do a good job of bands.
In terms of operation, short orders are entered near Bitcoin 90800 to 91200, with a target of around 89000; short orders are entered near Ethereum 3140 to 3170, with a target of around 3070. At present, the market is mainly band operation, and the publication is effective, with real-time guidance as the main focus. #新币挖矿你参加了吗? #市场回调,观望还是上车?