Market analysis of mainstream currencies (BTC, ETH)
The daily line of the market fluctuated slightly, the Bollinger Bands flattened, and the currency price stabilized in the 42500-44500 range, especially the middle rail support of the Bollinger Bands. The MACD indicator showed a downward trend, and the price remained above the MA20 moving average for a long time. Bulls The trend remains strong. Looking at the hourly line, the K-line is running in the box. Short-term adjustment is still the main focus, but the big cycle is bullish. We adopt a conservative approach and go long near the support of 42500-43000, with a target of 1000-1500 points.
The lower support range of Ether is between 2240 and 2260. This position is the defensive position of bulls. The hourly KDJ indicator forms a golden cross, and the MACD indicator runs near the zero axis. The probability of short-term rise and fall is small. If the shock goes down, you can go long on dips. , mostly around 2240-2260, with a target of 50-100 points.
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