Analysis of the current trend of Bitcoin and Ethereum
Bitcoin has met the mid-term U-turn conditions, and it is necessary to pay attention to whether the retracement market will turn into a reversal.
If Bitcoin reverses, it will be difficult for other varieties to reach new highs;
If it is just a correction, other varieties may still have the opportunity to hit new highs.
The market has fallen sharply twice recently, and it is necessary to bring good protection for rebounding.
Yesterday's market first fell slowly and then fell sharply, which was different from the morning of the 6th. At present, the daily line has entered the adjustment stage. This time, the aunt is not in the rising channel, so the probability of a new high in a short time by shock rebound is small.
After yesterday's decline, it is expected to rebound during the day today. The rebound pressure is in the 3870 range. The adjustment after the rebound may continue. The market fluctuates greatly, so be sure to bring good protection.
