Blockchain Liangqiu: 10.29 Bitcoin/Ethereum long orders successfully pulled up. Can it continue to explode in the future?
In the past few days, we have continuously deployed the idea of retreating long orders for Bitcoin/Ethereum, including the long orders deployed again last night. The market has also fluctuated and even quickly pulled up all the way. The overall space is very good. I believe that friends who follow the idea have also made a lot of money. In the early trading, the highest price of Ethereum reached 71,600 and 2130. The trend is very strong. At present, it is fluctuating sideways at a high level. The first focus in the future will be whether the 72,000 line can be effectively broken through. Once this position encounters resistance, the market will rise and fall, but the big risk of decline has not been seen for the time being.
On the daily line, Bitcoin combines the double top trend of the 72,000 line in May at the beginning of the year. In the short-term pull-up process, this position will encounter resistance, and there will be a decline under pressure in the short term. However, on the daily MA moving average indicator, the 7-day, 10-day, and 30-day moving averages all turned upward, and the bullish trend has not changed significantly. As the moving average moves up, pay attention to the support of 69,000 to 69,500 below. For Ethereum, refer to the pressure and support of 2680 and 2540. At present, there is a wave of highs and falls. The market operation is mainly in waves. Those who can't control the rhythm can communicate.
Operation suggestion: Bitcoin short orders near 71400 to 71700, target near 70000; Ethereum short orders near 2630 to 2650, target near 2570. The post is effective, and the specific guidance is mainly real-time. #你问我答 #BTC突破7W1 #PCE、非农数据来袭