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From the daily candlestick chart, BTC formed a big Bearish line yesterday. The price rebounded and tested the daily candlestick MA30 moving average but failed to break through and stabilize. Currently, the price has returned to
Below the MA10/30 moving average, the short-term trend is biased towards a pullback, while the support below is first seen around the daily candlestick MA60 moving average, around 9.15; Looking at the 4-hour chart, the narrow range of price oscillation yesterday did not test the MA256 moving average, which is the resistance at 9.73. In the short term, it may continue to oscillate around 9.73 as the center of oscillation for adjustment. The lack of rebound in the short term may lead to a retracement for BTC, and the short-term support is around 9.25.
From the daily candlestick chart, ETH formed a solid green candlestick yesterday, and the price has once again reached the support level of the 60-day moving average (MA60) at 3350. Pay attention to the performance of 3350 during the day. If it is completely lost, the short-term downtrend will continue to the 256-day moving average (MA256) at 3060. In the 4-hour chart, there is a significant resistance level at the MA256 at 3550. As long as the short-term trend fails to stabilize above this level, it should be regarded as a weak adjustment.
The long and short ideas are consistent with yesterday.
#ETH# #BTC#