Mainstream currency market analysis

The market fell rapidly from 49,000 to around 41,500, using the news of the ETF’s approval to create a bullish pattern. The chips above have been seriously locked up. At this stage, the market will either fluctuate, or fall and then rebound, but The rebound will only be weaker than before, and the market outlook is still pessimistic. It can be seen from the small currencies that many small currencies have entered the downward channel. The daily line of the market is focused on the pressure of the middle track of the Bollinger Bands. It does not break through the middle track. The trading volume is shrinking. The operation is mainly high and high, with the target around 43000-43500. The target is 42000. —41000.

The trend of Ether seems to be relatively strong, but above 2700 points it has reached a chip-intensive area, and the moving average has opened upward beyond the normal range. There may be a big callback later. It is recommended to place a short order near 2600, with a target of 2500-2400.

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