Click on the link to enter the live stream: https://meeting.tencent.com/p/9309732027
BTC Market Analysis:
After a round of decline, BTC's price stopped falling at the bottom of the lowest test range of 90000 to 92000 and began to recover. At the hourly level, it belongs to the retracement B structure of the breaking ABC structure. The current recovery and testing are aimed at both the rebound recovery test of the decline amplitude and the testing and confirmation of the sky chart and above signals. Before the price returns to the long short boundary for structural confirmation, it still tends to adjust and test the key price below. During the European session, BTC adjusted within the small range of 97200-99000. The testing and repair of signals are not yet over!
ETH Market Analysis:
The current price level of ETH is hovering around the neck line for testing. Overall, the price is aimed at repairing after the previous round of decline. The double neck line coincides with the price range, supporting the resistance swap stage. It is also an important battle for the long short boundary. Whether it can break through the neck line and return to the long position again within the day, giving structural resonance, determines whether it will continue to accelerate like a long position C or continue to return and retrace the B structure. The key price ranges are 3420-3440, 3550, and 3600-3610, respectively!
Regarding the BTC/ETH market structure, strategic layout, etc., detailed explanations will be provided in the live broadcast room. If you need it, please move to the live broadcast room!
Join the Fuxi Community Exchange Group to receive more services:
1. Real time troubleshooting (online one-on-one question answering and sorting)
2. Study of professional technical analysis theory
3. Construction and improvement of trading system
4. Daily live streaming of courses, contract pages, and comprehensive analysis
Tencent Meeting ID: 930-973-2027
QQ group number: 686920226
Disclaimer: The above content only represents the author's personal views 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 or external contacts. It is not related to AICoin and the consequences are borne by AICoin
