11.30 Today’s Analysis $BTC $ETH
Yesterday, our support for BTC was around 37,500, and the pressure was around 38,500.
Based on the four-hour analysis today, we will continue to look at the support of 37500 and the pressure level of 38500. We can wait for the retracement to try to take long positions at 37600-37500.
At present, the support below is not strong, and there is little sign of a breakthrough above 38,500. From the daily perspective, the upward trend is still the main trend, so the market is not big during the day, and we should pay attention to big moves at night.
Recommended operation: BTC and other retracement rebounds, support near 37500 - target near 38500
ETH's momentum today is weaker than the big pie. The first support is currently at 2020 and the second support is at 1990. If it is broken through, be careful to guard against waterfalls. The upper pressure level of the rebound is around 2080.