The intraday market was also quite tense. Neither the long nor the short market continued, but was always in a long-short tug-of-war. After the morning market hit the 58153 line, the market gave a retracement correction of more than 1,000 points, and then gave more than 1,000 points of shock upward again, and rose to the highest level of 57400 in the evening. The volatility space given by Ethereum is a bit too small compared to that of Bitcoin. The overall volatility did not give more than 100 points of fluctuation. This intraday market trend is definitely not appropriate for medium and long-term layout, so we mostly use short-term forms to arrange oranges. Bitcoin has taken more than 2,000 points of space, and Ethereum has taken more than 100 points of space. There are still many short-term profits in the day, which will not be detailed here. Friends who keep up should know. The trend of intraday has always been to exchange time for space. Although the space is good, the overall trend is still relatively slow, and the long and short conversions are relatively frequent. At this time, there is no absolute long and short thinking. It can only be analyzed based on the current market structure. I believe that such a market situation also makes everyone miserable. If you want to turn the tables on the sunflowers in the near future, or if you have a difficult order, you can find a teacher. From the current market, the price did not continue after breaking through 58,000 in the morning, but retreated and corrected to accumulate momentum, indicating that the current upper pressure still exists, and the lower space is also limited. At this time, you can no longer blindly layout. This signal is also more in line with the current market correction pattern. From the current structure, there is not much room at the bottom. The current currency price is fluctuating in the 56,700 area. The current range is compressed relatively small in terms of trend. The short-term moving average is basically in a state of adhesion and flatness, which tends to continue to maintain a volatile trend in the short term. In the small-level cycle trend, the continuous shock repair technical form begins to gradually adjust. There is a certain rebound space in the short-term market. The rhythm of repeated pulling between long and short positions will not appear unilaterally. Then we will keep the idea of retreating and connecting to more positions for subsequent layout
Bitcoin: 56500-56000 long target 58500
Ethereum: 2320-2300 long target 2450$BTC $ETH #美国大选如何影响加密产业? #美国经济软着陆? #以太坊基金会