BTC
Observing the four-hour chart, the current candle chart shows that the upward momentum has significantly weakened, the highs have gradually declined, and large-scale gains have become difficult.
ETH
Observed on the four-hour chart, ETH rose to a maximum of 3904 yesterday. Compared with the previous fluctuations, the increase reached 23%, which is very intense. There is only a 5% increase left from 4000. Will it break through 4000? I think the possibility of rising to 4000 or close to 4000 exists, but the possibility of breaking through 4000 and continuing to rise is low. Because BTC has peaked and ETH has increased by 70%, it will not be easy to rise again.
There is no need to panic or get overly excited because of the bull market. The market fluctuations in the bull market are very violent, and it is not easy to make money. Especially for our friends who do contract leverage trading, we must strictly control positions and set stop losses. Otherwise, a sharp move could cause the account to suffer significant losses.
