Market Review and Analysis
The monthly line is about to close, and there is only one day left tomorrow.
Unless there is a big drop in the market today or tomorrow, the monthly line will most likely close as a large positive line or a semi-positive line.
Yesterday's daily line closed with a long positive line, and the price hit a new high in the early hours of the morning. Although it did not break through the historical high, it was not far away.
Judging from the current market conditions, when Bitcoin is rising, other currencies are not moving much.
First of all, I don’t think this is the kind of comprehensive bull market that everyone understands. If you have to say it is a bull market, it is only a bull market for BTC.
Secondly, I don’t quite understand the danger zone that Bitcoin is in, so I am neither bullish on Bitcoin nor bearish on it. Just trade the altcoins normally.
Regarding YGG, FLOKI, ZRO, DOGE, ENS and other altcoins, I also talked about them in yesterday’s live broadcast. Today, YGG rose, while the others were still in a sluggish state.
You can pay a little attention to the gaming sector and continue to keep an eye on the trends of ZRO and FLOKI.
Today's highlights
BTC Market
The bitcoin price is currently approaching its all-time high.
At the four-hour level, after an upward spike, it fell back to around 72,000 and closed with a small positive line.
The daily line is currently forming a doji upper pin pattern, of course the daily market has not yet ended.
According to the current intraday level, the support level can be focused on the 68000 - 70000 range.
In the intraday market, if the four-hour level does not fall below 72,000 points, the price will still hit a higher point; but if the four-hour level falls below 72,000 points, then we have to pay attention to the support position of 68,000 - 72,000 points at the intraday level.
ETH Market#BNB0098
The resistance level given by Ethereum in the morning review yesterday was 2680. At 1 a.m., the price reached this level at its highest. 👗👆
From the current technical perspective, only Ethereum is following the normal path, while Bitcoin is not playing by the rules at all.
After ETH reached 2680 in the four-hour level, it pulled back and closed negative, and the lowest level returned to 2600. At the intraday level, we will first see whether 2600 will be broken. If it is broken, we can pay attention to the 2500-2530 range.
If multiple four-hour levels fail to break below this support line, then during the rebound, we should continue to pay attention to the resistance position in the 2660 - 2680 range.
#下一BTC历史新高是多少? #狗狗币创数月新高 #BinanceBlockchainWeek