October 6, BTC (contract) ETH (contract) market analysis and operation
Technical analysis of the BTC contract on October 6: The daily level of the large cycle closed on the negative line yesterday, and the K-line pattern continued to be negative and single positive. The bullish momentum of the indicators in the attached picture shrunk. In addition, yesterday's decline occurred in the US market, and during the day It is still a volatile upward correction trend, and its shape is also rising and falling. In this way, although the trend is obvious, it still lacks explosiveness and intensity. Of course, the continuity needs to continue to be paid attention to; the short-cycle hourly chart US prices surged higher and came under pressure. The high point was near the 28150 area, but the retracement was not strong and did not break the previous day's low, so it was not an extremely weak trend. Then the price went sideways and did not continue. The current price is at a low level and the K-line pattern is continuous. Yang, then there is a demand for counter-draw correction during the day, so today's BTC short-term contract strategy: long at the current price of 27460 area, stop loss at 27200 area, target at 27760-27800, short at the 27800 area at counter-draw, stop loss at 28150 area, target at 27350- 27300 area.
Technical analysis of the ETH contract on October 6: The daily level of the large cycle closed on the negative line yesterday, and the K-line pattern continued to fall. Moreover, yesterday’s US market price rose and fell below the previous day’s low after retracing, and the price moved Below the moving average, the bullish kinetic energy of the indicators in the attached picture has shrunk, and the fast and slow lines have signs of sticking together. Then the current downward trend clearly has an advantage. What needs to be noted is the intensity and continuity of the downward trend; the short-period hourly chart supports yesterday's high point. The pressure position is near the 1650 area. If the decline continues today, the counterattack cannot go past the opening position, otherwise it will be difficult to fall. The previous low of 1630 is the resistance position for top-bottom transition. The current K-line pattern is continuously positive, and the indicators in the attached picture are shrinking. Volume, there is a demand for counter-draw correction during the day, so today's ETH short-term contract strategy: the current price is 1618, long directly, stop loss 1603 area, target 1635-1640 area, counter-draw short 1640 area, stop loss 1655 area, target 1610- 1606 area.
Technical analysis of the BTC contract on October 6: The daily level of the large cycle closed on the negative line yesterday, and the K-line pattern continued to be negative and single positive. The bullish momentum of the indicators in the attached picture shrunk. In addition, yesterday's decline occurred in the US market, and during the day It is still a volatile upward correction trend, and its shape is also rising and falling. In this way, although the trend is obvious, it still lacks explosiveness and intensity. Of course, the continuity needs to continue to be paid attention to; the short-cycle hourly chart US prices surged higher and came under pressure. The high point was near the 28150 area, but the retracement was not strong and did not break the previous day's low, so it was not an extremely weak trend. Then the price went sideways and did not continue. The current price is at a low level and the K-line pattern is continuous. Yang, then there is a demand for counter-draw correction during the day, so today's BTC short-term contract strategy: long at the current price of 27460 area, stop loss at 27200 area, target at 27760-27800, short at the 27800 area at counter-draw, stop loss at 28150 area, target at 27350- 27300 area.
Technical analysis of the ETH contract on October 6: The daily level of the large cycle closed on the negative line yesterday, and the K-line pattern continued to fall. Moreover, yesterday’s US market price rose and fell below the previous day’s low after retracing, and the price moved Below the moving average, the bullish kinetic energy of the indicators in the attached picture has shrunk, and the fast and slow lines have signs of sticking together. Then the current downward trend clearly has an advantage. What needs to be noted is the intensity and continuity of the downward trend; the short-period hourly chart supports yesterday's high point. The pressure position is near the 1650 area. If the decline continues today, the counterattack cannot go past the opening position, otherwise it will be difficult to fall. The previous low of 1630 is the resistance position for top-bottom transition. The current K-line pattern is continuously positive, and the indicators in the attached picture are shrinking. Volume, there is a demand for counter-draw correction during the day, so today's ETH short-term contract strategy: the current price is 1618, long directly, stop loss 1603 area, target 1635-1640 area, counter-draw short 1640 area, stop loss 1655 area, target 1610- 1606 area.