BTC market analysis and strategy

From the weekly perspective, BTC is generally on the rise. However, in the market performance in the past three weeks, it has repeatedly bottomed out near 90,000 points and rebounded, leaving a long lower shadow, which means that in the short term, the 90,000-point mark can be regarded as the bottom support level of the market. Based on this strong support, spot investors can consider entering the market at the right time.

On the daily level, the moving averages are arranged in a bullish pattern and continue to extend upward, and the K line climbs steadily along the moving average. The 4-hour line shows that the weekend market fell into a narrow range of fluctuations, and the 98,800 line initially built a support line. In terms of intraday trading strategy, focus on the support strength of the 97,500-98,800 range and maintain bullish expectations. On the upper side, pay attention to the pressure level of the 11,000-12,000 area.

ETH market analysis and operation guide

Last week, ETH's weekly increase reached 7%, about 260 points, and successfully reached the peak of the bull market in March this year, 4092 points. The weekly line ended with a long lower shadow positive line. It is likely that the market will continue to set new highs this week.

In terms of the daily line, after setting a new high in the early morning of Saturday, it entered a small adjustment phase over the weekend. This is a normal correction phenomenon on the way up. The overall daily K line still maintains a bullish pattern, and the rising channel is intact.

Analysis at the 4-hour line level, referring to the rise last week, 3880 is the main buying support area. When operating intraday, focus on the 3880-3840 support range and tend to be bullish, and focus on the 4010-4040 pressure range above. #APT、ADA、ENA大额解锁 #山寨季将持续多久？ #SUSHI价格飙升