Will the ETF pass? How will the bulls and bears choose in the future market?
Bitcoin and Ethereum have risen by more than 4,000 and 900 points respectively from the 20th to today. The highest point of Bitcoin is 72,132, forming the latest first-line pressure level. At 20.30, it inserted more than 1,000 points downward. At present, the price of the currency is above 69,000, looking for a breakthrough of the 70,000 mark and taking a volatile route.
The highest point of Ethereum is 3,950, forming the latest first-line pressure level. It also inserted more than 140 points downward at 20.30. At present, it is wandering above 3,800 to break through the 4,000 mark. Compared with Bitcoin, Ethereum seems more restless, which is more or less closely related to tonight's ETF.
The three lines of KDJ cross and then diverge, which is regarded as a state of exhaustion. MACD short real column is charged, and the ETF is likely to die.
The market outlook is likely to cater to the news from all sides tonight. After a round of retracement at 20.30 and a little rebound, there will be another round of large correction. The bulls should be cautious. If you have any questions about btc9407, find me and we will discuss together.
Suggestions for Bitcoin operation: 69300-69600 to enter the market with short orders. Target: 67300-67600. Risk control: 70200
Suggestions for Ethereum operation: 3850-3900 to enter the market with short orders. Target: 3700-3750. Risk control: 3950
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