Brief analysis of BTC/ETH during the day
Yesterday, the market showed a low-long pattern. Although the price made a slight correction in the early morning and touched the highest line of 26,600, it also fell rapidly. The lowest during the day also touched around 25,760, and the downward trend was blocked.
From a four-hour perspective, the operating channel shows an opening trend. The currency price is currently running above the middle track. The K-line always maintains the middle and upper track. The volume bulls continue to increase the volume. The moving averages below keep opening and rising. The bulls perform in terms of rhythm. Strong prices still have room to rise. It is recommended that the operation should be based on low and long positions and supplemented by high altitudes.
From the one-hour level, the bullish volume column has increased the volume and driven the price upward. Affected by the increase, the price channel has opened and spread upward. And it is basically a positive line. Even in this case, the price did not rise much, and the upward range was not large. After reaching the pressure, it fell back under pressure, indicating that the upper pressure level is relatively strong.
Personal Bitcoin operations suggest retracing the area around 26100 to go long, with the target above 26500. If it fails to break through, then consider going short.
Personal operation of Ethereum recommends going long in the 1600-1610 area, with a target of 1640-1660
Points are time-sensitive. If you have any questions, please consult.
