BTC/ETH intraday market analysis

Big Pie and Ether rushed through the 4-hour sideways pressure level in the early morning, but fell down before they could stand firm. Without breaking through and standing above the sideways pressure level, the bulls were still not very strong, so they waited until they stabilized above the pressure level. Multi-talented is more stable. The daily strategy is to go high and low and go long in the sideways market, with a good stop loss and no pattern!

Judging from the daily line, the Ethereum has closed at the bottom for two consecutive days. The probability of rising is still quite high, but we must be careful to step back and then pull up like last night. Many brothers were frightened and took a little profit. It ran away. Last night’s market pin was 42100. This position was the second support level I gave at noon yesterday. Ether 2500 was the support position I gave last night. Everything that should be reached has arrived!

The market is still fluctuating widely within the 4-hour sideways range. At the top, focus on the pressure level around 43350-43600-44200. If it breaks through and stands at 43600, and breaks through the sideways range in 4 hours, it will be powerful to go long. The upper target is 44200 (day Line) 45300-46000 near these locations

The lower support level is around 42480-42050-41730-41350.