Technical Analysis: Bitcoin (BTC)
I have always been troubled by last month's non-agricultural data. Those data really caught us off guard, causing us to cancel short orders at 65,500 points, and missed the 5,000-point plunge.
#BTC金LTC银 Now facing a similar decline and weak rebound, will the previous drama be repeated tonight?
Perhaps some good news will be used to induce bullishness, and then a large-scale sell-off will be carried out? The view I have always insisted on is to use the K-line trend as the basis for market judgment.
On the daily chart, yesterday's closing formed a real negative line, which remained at a low of around 56,000 for three consecutive days.
Today's opening was also around 56,000. There is currently a gap in the technical side, which needs a rebound during the day to repair. Overall, my idea is to maintain a high-level bearish view.
Pay attention to the pressure level of 57,300-58,100 above, pay attention to 56,000 below, and further look at 54,000. The short-term target is around 51,500.
Ethereum (ETH): The support level of 2440 that has been emphasized in the past few days has now become the key pressure level above.
#EthereumEFT From the daily chart, the current market is basically around the 7-day moving average, the overall decline is not large, but the center of gravity of the K-line is moving down.
Intraday operations suggest that you should keep a high-level bearish view, focus on the pressure level of 2440-2480 above, focus on the support level of 2300 below, and the short-term target is around 2100.
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