Yesterday, BTC reached a high of 94904.3 points, closing at 93140.3 points, with a volatility of 4.78% and a rise of 2.49%. Yesterday was mainly bullish, with the closing price above the 5-day moving average. In the medium to long term, the longer forces are dominant. As of the market data, there are 130 rising projects and 428 falling projects, indicating a generally weak market.



Yesterday's analysis showed that the strong resistance level of the pie is near 93,000 points, and it is difficult to fall below 8w3 in a short period of time in the later period. There is no consolidation divergence in 4h and 30min, and there is only a consolidation divergence in 5min, so there may be a certain retracement and decline, but the downward range is not large. So today's market is indeed in line with yesterday's analysis expectations, the pie also fell nearly 3,000 points today, that is, about 3%, then the main support level below 90,700 points, at present it is still dominated by shocks, may give a certain 30min decline in the night or tomorrow morning, then it will be an opportunity to enter the market again, and it is advisable to wait and see. The ether exchange rate is above the 233 moving average that has stood firm for 30min, which is the clarion call information for the bulls to attack, once the 233 moving average of 4h is broken through in the later stage, then the cottage will fully open a violent rebound market.
BTC-2.74%
ETH-3.58%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)