Technical analysis
BTC:
The weekly level closed Xiaoyin K for the first time after four consecutive positives, showing a certain degree of adjustment pressure.
The Bollinger Bands at the daily level are closing and running, the MACD moving average and KDJ line are running downward, and short positions can continue to increase.
The four-hour line level has continuously refreshed its lows since it reached the 53,000 line. The MACD moving average runs downward, the bull volume can gradually shrink, and the KDJ line runs smoothly.
ETH:
There have been 4 consecutive positive lines at the weekly level, and the daily level has stood above Fibonacci 50% 2877. The MACD moving average is running smoothly upwards, and the bullish volume can continue to increase, but there are signs of top divergence, and the KDJ line is running upwards.
The four-hour Bollinger Bands are open, the MACD moving average is moving upward, and the bulls can continue to increase the volume, but the KDJ line begins to adjust downward.
Comprehensive analysis:
The overall trend of BTC is volatile and upward. The daily KDJ and MACD are still at high levels and continue to undergo technical shock adjustments. The four-hour chart has a short-term temporary shock correction.
ETH broke through the previous high in the early morning and then fell back, forming a top divergence structure. The four-hour level was generally suppressed by the MA120 moving average. The daily level price returned to the previous shock area again, and there was not much room for a slow trend.
Operation suggestions:
BTC: empty in the 51800-52000 range, defending 300, and targeting 50800.
ETH: Empty in the 3120-3140 range, defense 30, target at 3050.
