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Hello everyone, I am Liyuan. I will be broadcasting live tonight at exactly 7 o'clock. Bitcoin showed a volatile upward trend in the morning, with the price gradually rising from the support level of 110800 to around 113000, with a clear range of fluctuations and short-term bullish dominance. A low-level channel has been established, with the high point rising and the low point rising. Above is the focus channel and pressure resonance level. The 2-day line has closed above the EMA52 line, and the 2-day MACD has not yet crossed the zero axis. As long as the price continues to close above the 2-day EMA52 line in the next four days, the price will continue to rebound. However, it should be noted that the momentum of the 2-day line rebound is not enough to allow the price to continue to reach new highs. The price may drop below the 3-day EMA52 line and rise after the 3-day line rebound, so contract players need to pay attention.
On Ethereum, there is a pressure level of 4689 pressing down like a mountain, and the support level of 4372 is shaking. This is not an ordinary oscillation, but the "last calm" before the market changes! If you step on the wrong rhythm, you will either miss the last opportunity to get into the bull market or be harvested by institutions as leeks. Only by combining technical and news analysis can you avoid risks and seize opportunities. The market sentiment has begun to diverge, and funds have also begun to diverge. The weekly chart of Ethereum has deviated too much, and the daily chart is also overbought. A correction is needed to repair the candlestick pattern and prepare for the next uptrend. The hourly rebound encountered pressure from the 4-hour MA30 line and experienced a downward retracement. In the short term, one can go long at 4270-3910 and short at 4640.
Tonight's live broadcast will give you a layout, including the mainstream Ethereum knockoff market going forward.
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Meeting number: 9031749175
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.