BTC trend analysis:
At present, the highs and lows of Bitcoin (BTC) are constantly rising. For investors holding long orders, there is no need to worry too much. As long as the price remains above the support position indicated by the arrow in the figure, the overall trend remains optimistic. It is expected that the market will improve after the big cake breaks through the current range of fluctuations.
However, in contrast, Ethereum (ETH) has performed somewhat weakly, mainly due to the poor exchange rate trend. If the exchange rate continues to be in the range of 3, Ethereum's performance may decline further. Whether Ethereum will lead the altcoin to fall again remains to be seen.
At present, Bitcoin is strong and ETH is weak, but usually, when Ethereum is strong, Bitcoin is weak. Whether it can perform strongly at the same time is uncertain. If the market continues to fluctuate, it may trigger a negative impact of Ethereum on Bitcoin.
The current strategy of the trader is obviously carefully designed, including wash and rub techniques, making the market confusing. In a volatile market, it is recommended to avoid blindly opening positions and wait patiently for a clear market direction before making a decision. If you are still waiting and cannot see the market trend clearly, you will only fall because of bullishness and rise because of bearishness. Come to my personal homepage to find me
