Ethereum's new high is blocked, and the follow-up steady callback will do more

Today's panic and greed index is 73 (yesterday's 74), the degree of greed has eased, and the level is still greedy. Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + Bitcoin in the entire market Proportion (10%) + Google Hot Word Analysis (10%).

BTC market analysis:

After Bitcoin's white market fluctuated at a high level, a slight callback test support, the current price is also rebounding upwards, the bullish sentiment is picking up, and the upper 59650 line suppression is broken, the market starts to move upwards, and the subsequent price is expected to move towards the 60,000 mark. If it can stabilize The increase is expected to continue further.

Looking at the short-term hourly chart, the current price has rebounded near the 58800 position, and the market is running in the upper middle track area. The high consolidation situation has been broken, but the Bollinger Band upper track gap has not been opened. There is still suppression on the upper 60,000 line, and follow-up If it is not possible to break through and stabilize, the market may still retrace the support. Therefore, it is not recommended that you blindly chase the gains before the position is broken and stabilized, and maintain a steady callback as a way of thinking. You can grasp a wave of short-term gains at the 60,000 line.

BTC operation strategy:

1. Make short position when the price goes near 60000, stop loss: 60200, target profit 59500
2. If it breaks through the 58900, Make long position, stop loss: 58650, and target profit at 59500-59700

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ETH market analysis:

After Ethereum was blocked near 2150 in the morning, the market was under pressure to pull back into a high consolidation. The current price is operating near 2106. The overall upward trend has not changed. The price has retreated many times but also rebounded, and the trend has maintained a volatile upward rhythm, so In terms of operation, it is recommended to call back more than one.

From the short-term hourly chart, the Bollinger Bands are opening upwards. Although the upward rhythm is blocked, but because the trend has not changed, and the middle track first-line support is slowly moving up, the subsequent callbacks will not fall below this area, and the short-term shock upward pattern will not change.

ETH operation strategy:

1. If it breaks through the 2080, Make long position, stop loss: 2065, and target profit at 2110-2125

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The analysis is time-sensitive, and the posting is always delayed, so please take the real-time market as the standard. Re-emphasize, do a good job in risk control, no matter how well you judge the future market, you must control your stop loss and target profit!