The biggest impact on the market at present is the US SEC's lawsuit against BN and Coinbase, which will only affect the short-term market. This kind of lawsuit will not have no results in three to five years. The real situation behind it may not be as simple as a fine, but to maintain the authority of the US dollar. In the past, every time the crypto market fell sharply due to policy suppression, it would rebound in retaliation.

Market analysis:

In the past two days, the market has fluctuated by more than 2,000 points in a row, and the market has been shocked. The dealer's wash is still strong, but the intraday rebound is still in a weak stage. Yesterday, the highest point of the big cake hit 27394, but it did not stabilize. Finally, it was still around 26500 and fluctuated downward in the day. Two consecutive waves of large volume above failed to break the high pressure. It is expected that the space below will still have another round of downward exploration. At present, we need to pay attention to the previous support of 25350. If it is broken, there is still a possibility of a new low this week.

The 4-hour level is currently running near the middle track of Bollinger, the MACD bullish energy column is shrinking, the KDJ three lines are radiating downward, the bottom support of 25800 is still there, and the short-term is still a little bearish. At present, the big cake is near 26332. In the one-hour level line, the K line is running below the middle track. At present, it has adjusted out of the four-day positive pattern, and the downward rhythm has stopped! The MACD double-line cross-translation state is running. Although the short energy column is arranged in order, it has shrunk, and the bearish sentiment has not continued. Now just pay attention to the fact that as long as the bottom support is not broken, the intraday is still mainly low and long.

The trend of Ethereum is linked to Bitcoin, so we won’t talk too much here. From the trend structure, the hourly line continues to weaken, and the four-hour moving average shrinks. There is an expectation of the lower track of boll below. There is still some space below, and the support level is 1780 first. Therefore, we can continue to refer to the 1780-1800 range for the entry of Ethereum long orders. Then the upper pressure is 1900, and shorting can be done in batches near the pressure level.

Operation suggestions:

BTC: Long orders below 25800-25350, target 26500/27000, stop loss 24900

ETH: Long orders below 1800-1780, target 1850-1880, stop loss 1759

The market is changing rapidly, and personal opinions and suggestions are not real-time and are for reference only. If there is no point, just wait for the empty position. For real-time and accurate points, please pay attention to the homepage!