2.18 Bitcoin Market Analysis ~ The market is volatile and the rebound is an opportunity to go high

New weekly update, the current overall trend of Bitcoin tends to fluctuate and pull back, MA5 10-day moving average resonates to suppress the currency price, MACD and KDJ indicators are running in a bearish sentiment, and there is a strong suppression at the 98000-98500 level in the short term, which also makes it difficult for the recent market to rebound significantly. The weekly K-level MA5 10-day moving average is the current suppression.

On the daily line, the middle track of the BOLL band and the MA30 daily moving average continue to resonate and suppress the currency price. From the perspective of indicators, the current general direction of shorts is dominant, resulting in continued high-level fluctuations in the market. Every time the upper shadow line closes upward and goes down, it shows that the current daily level selling pressure is heavy.

The overall trend of the current BOLL band on the 4-hour line and the MA30 daily moving average are also in a resonant downward trend. Although the short-term coin price will rebound, the continuous closing of the upper shadow line shows that there is currently extremely strong suppression from the top. The short-term high point suppression reference is 97000-98500. The rebound cannot stand firm on any suppression from the top, so just keep a high altitude view. As for the early morning market, my personal opinion is to focus on short-term waves and maintain a high altitude thinking.

Operation idea: Bitcoin 96000-96500 Target: 95000-93000 Cover position at 97500 Stop price: 98000

Ethereum's short-term trend is slightly better than Bitcoin, but its basic direction is also following Bitcoin. Its high point suppression reference is at 2780-2850, which is also the weekly K suppression position. For the early morning market, my personal opinion is to focus on short-term waves and maintain a high-altitude thinking.

Operation idea: 2720-2750 Target: 2650-2600 Stop: 2785

It is expected to be sufficient for the current market situation. Just look at this for the short term#地缘政治对比特币的影响 #加密货币普及