8.22 Bitcoin and Ethereum market analysis:

Bitcoin was mainly range-bound yesterday. Both long and short positions have a certain amount of room for operation. The public reminders are given to operate at certain points. I believe that friends who follow the strategy have made money. After the Fed's speech in the early morning, the price of the currency rose all the way, and the highest was around 61,800 and fluctuated downward. It has now fallen back to around 60,800!

4-hour level. The Bollinger Bands are open. The current market is running near the upper track of the Bollinger Bands. The MACD bullish energy column is running in a shrinking volume. The KDJ three lines are turning upward. It is expected that the white market will still fluctuate. The upper side of the big cake is blocked near 61,800, but the probability of a sharp rise upward is not very high. The small cycle has tested the high point many times and did not continue to rise but fell back. It can be seen that the upper pressure test is obvious. It is recommended to operate with high-altitude as the main and low-long as the auxiliary for intraday operations. If the recent market operation is not ideal, consult btc5063 and find me to discuss the market together.

Bitcoin short around 61500-62000, target 60000-58500, defense 62500

Ether short around 2650-2680, target 2570-2500, defense 2735

This column is a long-term technical analysis, objective and rational, clear thinking, accurate points, welcome to like and follow.

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