Director’s 1053rd original daily market analysis 2023.4.21
1. Market sentiment:
2. Chart structure:
1、#BTC
The structure of BTC 1H:
The current trend is still the same as yesterday. The decline of this pen has not yet been completed and the decline is still very sharp.
Currently, there is no divergence, which means that even after the rebound, there will still be a 1H decline. The actual rebound requires at least 1H of bottom divergence to be possible.
However, there is a high probability that it will continue to consolidate the second 1H central structure, and the probability of a 4H rebound is still relatively small, mainly because the downward momentum at the large level is still very strong.
The structure of BTC 15F:
The current structure of the big cake 15F is still in the third 15F decline. From this small level, the decline of this 1H is about to end.
However, even if there is a rebound, the highest is still estimated to be 29000-29500. However, it is estimated to be a bit difficult, and the overall structural trend is still very weak.
Personally, I expect that the better high-level trend will be around 29,500.
2、#ETH
The structure of ETH 1H:
The current trend of Yitai is still the same as the previous 1H departure pen.
As long as it does not exceed 2050, the high-level decline is not completed. The subsequent rebound is estimated to be around 2000.
Then continue to fall and see whether the third 1H decline will form a 1H bottom divergence trend. Wait patiently for the market.
Trading straregy:
The market changes too quickly, and many people cannot be reminded in time, and cannot explain the market clearly when it changes, so you can follow my group.
Tips
Investing is risky. For investment with spare money, remember to never fully invest and never take out loans. We only provide information, which does not constitute buying or selling advice. You are free to buy and sell at your own risk.
