Technical analysis of the evening market: BTC and ETH range-bound, operation suggestions
The market has been in a range-bound stage recently, and the trends of BTC and ETH have not shown obvious breakthroughs. The specific situation is as follows:
BTC (Bitcoin): It did not break through 70,000 above, nor did it hit a new low below, and did not fall below 65,000.
ETH (Ethereum): It did not stand firm at 3,650 above, and did not fall below 3,350 below.
In the morning, we shorted in the 66,700-67,000 area, and fell to around 66,000 at the lowest, gaining 700 points of space.
The following is the follow-up ideas and technical analysis for the evening.
Technical structure analysis
The market showed a roller coaster-like rhythm, with a wide range of saws in a small cycle. After the price dived to the 65,000 area at a high level, it gradually warmed up. Although the short-selling volume has changed, it has not been released significantly. The moving average trend has turned, but the release force is limited, showing a preliminary reversal of the roundabout trend.
Short-term rhythm: After the running channel opens downward, the price drops to the 65,000 area and stops, and then there are signs of recovery. The short volume is reduced, and the moving average begins to turn upward after being released downward. The current warming trend has already appeared. Next, we are optimistic about the rebound trend.
Bitcoin operation suggestions
Operation suggestions: Go long directly around 66,000, and the target is 66,700-67,700.
Personal opinions are for reference only, real-time strategy sharing every day, no nonsense, just do it, if you are interested, and witness the strength, pay attention