11.11 market analysis
The big pie market closed a positive line yesterday. At noon yesterday, the market reached the 36350 line, but then the bulls began to exert force. In the early morning, the market rebounded to above 37,000 again, with the highest point appearing at the 37,570 line. Currently, the market is consolidating above 37,000, and the currency price is above the middle track.
Looking from the daily line, the currency price tested high yesterday but did not break the high. The daily closing cross was a Yang K line. After continuous consolidation without breaking the high, there was a reverse fall. After falling back to near the mid-track, it also recovered quickly. The fall is normal. The back-stepping repair process. It is expected that the market will continue to be bullish in the future. After the correction, the currency price is expected to rise again.
Looking at the four hours, the market has experienced a wave of sharp rises and falls. After a long lower shadow line broke through the middle track yesterday, the currency price has been concussively repairing the market below the upper track, and gradually entered a concussive upward trend. The price One of the fluctuations is smaller, the MACD double lines are still running upward, the bull energy column shrinks, and the KDJ three lines diverge upward. Overall, the bulls are relatively strong, but the pressure from above continues to exist. It cannot be ruled out that there will be another pullback in the day before reaching higher.
The market has pulled back more than 36,800-37,000, and the target is around 37,600.
Ethereum has pulled back more than 2065-2055, and the target is around 2120.
The big pie market closed a positive line yesterday. At noon yesterday, the market reached the 36350 line, but then the bulls began to exert force. In the early morning, the market rebounded to above 37,000 again, with the highest point appearing at the 37,570 line. Currently, the market is consolidating above 37,000, and the currency price is above the middle track.
Looking from the daily line, the currency price tested high yesterday but did not break the high. The daily closing cross was a Yang K line. After continuous consolidation without breaking the high, there was a reverse fall. After falling back to near the mid-track, it also recovered quickly. The fall is normal. The back-stepping repair process. It is expected that the market will continue to be bullish in the future. After the correction, the currency price is expected to rise again.
Looking at the four hours, the market has experienced a wave of sharp rises and falls. After a long lower shadow line broke through the middle track yesterday, the currency price has been concussively repairing the market below the upper track, and gradually entered a concussive upward trend. The price One of the fluctuations is smaller, the MACD double lines are still running upward, the bull energy column shrinks, and the KDJ three lines diverge upward. Overall, the bulls are relatively strong, but the pressure from above continues to exist. It cannot be ruled out that there will be another pullback in the day before reaching higher.
The market has pulled back more than 36,800-37,000, and the target is around 37,600.
Ethereum has pulled back more than 2065-2055, and the target is around 2120.