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Tuesday afternoon Bitcoin Ethereum latest market analysis and trading suggestions
Time is fair and doesn't give anyone an extra point. At noon, the market has come out, and the disk has come out of the volatile downward structure as expected. At noon, there is a layout of long and short single back and forth, and the bag has been successfully bagged at 1924 o'clock, and the space has left; After touching the 2647 line at the same time, the aunt quickly retraced, and is still in the sideways adjustment stage. On the whole, the pie has encountered obvious support near the 105100 line, and is currently correcting near 105200.
Observing from the four-hour K-line chart, the price briefly broke through the upper band of BOLL and then fell back quickly, and is currently temporarily stabilizing above the support of the middle band. From the perspective of technical indicators, the KDJ three-line high formed a dead fork and continued to diverge downward; The MACD fast and slow line maintained an open downward trend below the zero axis, and the bearish kinetic energy column continued to strengthen, indicating that the current bears dominate the market. Switching to the one-hour cycle, the price of Ethereum has experienced a technical rebound after three consecutive negative declines, but the rebound is weak, indicating that the willingness of bulls to undertake is insufficient. At the same time, the KDJ indicator once again formed a dead fork divergence in the oversold area, further strengthening the short-term bearish pattern. We continued to keep our high-altitude thoughts in the afternoon. Radicals can try to catch the rebound with a light position, and they need to pay close attention to the key support situation of 105000 and reasonably control it according to their positions.
Operation Suggestions:
Short in the range of 105500-106000 for Bitcoin, target 104000.
Short Ether in the range of 2620-2640, target 2550.
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