Analyst Liang Qiu: 6.6 Bitcoin/Ether short order wins big, along with market analysis.
Bitcoin/Ethereum has placed short orders above 110,000 and 2,730 many times, and the overall space is huge. Yesterday afternoon, the layout of 105000 and 2610 above the short order, the market fell many times in the evening and early morning, the lowest to 100300 and 2380 near the space is also directly full. At present, the market has rebounded, and the rebound is not a reversal, but a repair of a large short-term decline. In the early stage, it was emphasized many times that the weekly line of Bitcoin was eight consecutive yang, and the market began to retrace and go negative last week, and the market will fall further, and the market is also the trend as expected many times, and the follow-up should focus on the daily MA moving average and the top-bottom conversion after the short-term break, 104000 and 2520 first-line suppression.
Bitcoin fell below $101,000 in the early hours of last night, a large intraday decline, from the daily chart, the price is not strong enough to rise, in a pressure posture, but still in the upper Bollinger band area, running above MA5 and MA10. The four-hour chart shows that the Bollinger band is in a closing posture, the currency price is running in the lower band of the Bollinger band, the MACD is a dead fork running slowly downward above the 0 axis, the bears are starting to increase the volume, the RSI three lines are running down below the horizontal line 50, and the KDJ hook is downward, and the bearish trend is obvious in the short term. The overall retracement of Ethereum is obvious, and the support above the 2500 to 2520 line has been broken many times, and the follow-up is gradually bearish below the top-bottom conversion.
Operation suggestion for BTC: around 103300 to 103800, target near 101500; ETH: around 2470 to 2490, target near 2410.
[The above analysis and strategies are for reference only; please bear the risks yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time conditions.] #加密市场回调 #初请失业金数据公布 #特朗普递交比特币ETF申请
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Analyst Liang Qiu: 6.6 Bitcoin/Ether short order wins big, along with market analysis.
Bitcoin/Ethereum has placed short orders above 110,000 and 2,730 many times, and the overall space is huge. Yesterday afternoon, the layout of 105000 and 2610 above the short order, the market fell many times in the evening and early morning, the lowest to 100300 and 2380 near the space is also directly full. At present, the market has rebounded, and the rebound is not a reversal, but a repair of a large short-term decline. In the early stage, it was emphasized many times that the weekly line of Bitcoin was eight consecutive yang, and the market began to retrace and go negative last week, and the market will fall further, and the market is also the trend as expected many times, and the follow-up should focus on the daily MA moving average and the top-bottom conversion after the short-term break, 104000 and 2520 first-line suppression.
Bitcoin fell below $101,000 in the early hours of last night, a large intraday decline, from the daily chart, the price is not strong enough to rise, in a pressure posture, but still in the upper Bollinger band area, running above MA5 and MA10. The four-hour chart shows that the Bollinger band is in a closing posture, the currency price is running in the lower band of the Bollinger band, the MACD is a dead fork running slowly downward above the 0 axis, the bears are starting to increase the volume, the RSI three lines are running down below the horizontal line 50, and the KDJ hook is downward, and the bearish trend is obvious in the short term. The overall retracement of Ethereum is obvious, and the support above the 2500 to 2520 line has been broken many times, and the follow-up is gradually bearish below the top-bottom conversion.
Operation suggestion for BTC: around 103300 to 103800, target near 101500; ETH: around 2470 to 2490, target near 2410.
[The above analysis and strategies are for reference only; please bear the risks yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time conditions.] #加密市场回调 #初请失业金数据公布 #特朗普递交比特币ETF申请