BTC：$11421 ETH: $305.32 LTC:$118.8 ETC:$7.91 BCH:$409.4
The market is in the early stage of the bull markz
In the past few days, we can see prices of encrypted currencies are fluctuating violently. Bitcoin fluctuates by thousands of dollars a day. This is normal, as the price of btc rises from $7000 to $14000 rapidly in only two months. A lot of people who buy the btc at the low price will send the btc to make profit accompanied by a huge number of short positions. Consequently, the current fluctuation in the past few days is not bad, offering the possibility of a subsequent sharp rise. The fluctuation of $1,000 is negligible as the market has gone well.
In the bull market, there is a support level for the decline of the currency price and no pressure level for the rise. We can guess where the support position is roughly. Moreover, every time when the price reaches the support position, it will rise $1000 at least due to in the bull market, there are many people buy the currencies without hesitation. I don't care about the fluctuation in a day because I know the trend of the market.
BTC: Every time Bitcoin goes up, there are people believing that it will go to the moon without correction. When the BTC reaches $13000, a huge number of people are very excited and they are long the markets blindly. Then they are punished by the market. Also, once the price declines,many people are short the markets and claim that the it will decline to 4000 or less. These arguments are worthless. Now the support position of price is about $9600. If the currency did not fall below 9600, there would be no lower price.
During the rebound, the stage high of stock price was 12900 on 30 June. If the price of the currency rises above 12900， it will try to reach a high of 13800. If the price rises above 13800, it will goes up to the moon and we can see it rise above the high of 20000 in history. Fluctuations in currency prices are a good thing now, which means that there are more people buying btc and a solid support position is built.
ETH: The support position for the ETH is 280. If btc rise above 12900, eth will rise above 300 and only if btc tries to reach 13800, eth will try to reach 360.
LTC: The support position of LTC is 110 and the pressure position is 135. The yield of LTC halved has been digested by the market, and there is no independent market in the latter period.
BCH: The support position of BCH is about 395 and the pressure position is 450.
Conclusion: I hope the price of BTC will fluctuate in 10000~12000, which will build a solid support for the future rising.
Disclaimer: All analysis is for reference only