Technical analysis - weekend shocks, Shanzhai recovers lost ground 421
Bitcoin is expected to recover and rise during the day. It is still a strong shock market for the time being. After breaking through 66000-66600, there will be a chance to see around 68500 next week. Otherwise, it is still a strong shock range. However, after the halving, the negative news of mining companies has ended, and they have begun to slowly recover lost ground.
Ethereum's recent increase focuses on the pressure of 3250 and the key pressure around 3300. After the recent break, the market will improve. It is a money-making market during the day.
Hong Kong Bitcoin and Ethereum spot ETFs have been approved, and most funds are slowly pouring in. The approval of ETH spot ETF in May is also a high probability event. The next thing to hype is the rune track and the future Ethereum expectations.
Daily level market
- Daily level strong shock range, the upper pressure position is around 65300 and the key pressure is around 66600. After breaking through, the market will increase next week, with strong and weak support around 64300 and the bottom maximum support around 61500.
4-hour level market
-4-hour level has gone out of the falling channel, with the recent support near 64,300, and the upper pressure near 65,300 and 66,000.
Intraday level analysis
----After the intraday market halving, it is seen that the strong recovery is in progress. It is temporarily considered a strong shock and large funds are entering the market. Bitcoin still has not stood on the strong and weak dividing line. Now it is testing at a key position, the strong and weak dividing line is near 65,300-66,000-66,600. After this position breaks through, it will be around 68,500 next week. When it is stable and callback to around 64,300, you can choose to enter the market with long orders. Unstable cottages can enter the market at any time by blocking the support position.
The intraday market still focuses on the weekend increase, and funds are pouring in. #大盘走势 #比特币减半
