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Good evening, I am Jiuye. The market did not meet expectations and did not converge as expected. Instead, it accelerated to break through and form a new stage. On the technical side, after the triangular oscillation broke through, the second low trend supported breaking through and knocked out multiple defensive positions. ETH continued to decline weakly and broke through defensive positions. Bitcoin formed a downward triangle after falling below the new bottom, and at the same time formed a 6-hour level head shoulder bottom pattern
From the current technical perspective of Bitcoin, the downward pressure of the triangular trend has decreased from 92800 to around 90200 over time. The downward trend support of 78200 is combined with 76600 to form a trend support. As time goes on, the current trend support has decreased to around 75500. The parallel pressure of the head, shoulder, bottom, and head opening at the 6-hour level is around 93000, and the bottom point of the left shoulder neck line is around 81500. From the technical perspective, in the next few days, it is expected to rise to 92000-93000 to fill the gap in form at any time!
From a technical perspective, ETH has been consistently weak, falling below a new bottom and rebounding after reaching a low of 1750. Currently, the upward trend pressure has decreased to around 2030, the downward channel's secondary high pressure is around 2250, and the key trend pressure for the major level has decreased to around 2460. There is nothing to say. Wait until this wave hits and do less ETH
BTC operation strategy: Market price of 83500, go 3% long, target to be determined
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Disclaimers The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
