Mr. Coin: 10.3 Bitcoin (BTC) market analysis reference

Bitcoin's intraday market continued yesterday's consolidation, with long and short positions pulling back and forth. The overall decline has not dissipated. The intraday price has repeatedly tested the pressure near 62100. It is currently adjusted back to around 61000. The current 60000 support has not been broken, and the short-term rebound strength in recent days is still good. Therefore, Mr. Coin suggests that although the market is biased downward, it is not recommended to blindly chase the short position before it breaks.

From the short-term hourly chart, the wedge range is constantly compressing, and the high position is slowly moving down. MACD: It is currently in the negative area, and the fast and slow lines are diverging downward, showing a strong short trend.

EMA: The currency price is currently running below EMA7, EMA7<EMA30<EMA120, showing a typical short arrangement, and the short-term, medium-term and long-term trends are weak. The weekly line has now fallen below the middle track support, and the previous rebound has gradually been swallowed up. The short-term trend shows weak fluctuations. If the 60,000 first-line support is broken in the future, the market will further move towards the 58,000-59,000 range. I hope that all coin friends will be prudent in their operations or short on rebounds, and pay attention to timely grasping the profits.

10.3 Bitcoin short-term reference:

Long orders, long in the 58,500-59,000 range, defense 57,300 replenishment, stop loss 57,000, target above 59,500,

Short orders, short in the 61,300-61,500 range, target below 60,800, defense 62,500 replenishment, stop loss 300

10.3 Ethereum short-term reference:

Short orders: 2441-2400 short, defense 2550 replenishment, stop loss: 2570 target below 2360,

Long orders focus on the 2160-2190 area Stop loss 50 points, target above 2260,

The chapter is delayed, the strategy suggestion is for reference only, the market changes rapidly, no matter how high your judgment of the market is, you must take the stop profit and stop loss, and put the profit in the bag $BTC $ETH #BTC☀ #ETH🔥🔥🔥🔥 #加密市场急跌 #热点事件 #大A香还是大饼香