Market review: The market has shot up from Ethereum 1980 to Bitcoin 31500 and then fell back again under pressure. It has broken through the early support levels of 1920-1890 and 30700-30300. It is currently trading sideways in the range of 1890-1820 and 30700-30000!
Technical analysis: From the daily level, this time the pullback has reached the lower support level of 30000-29800, and the 1840-1820 line has never been able to continue. Although the short position can gradually increase the volume, there is a tendency to go sideways to replace the decline. The 4 hour line level The Bollinger Bands are gradually closing, and it is expected that the white market will continue to fluctuate within a narrow range. In the evening, it is optimistic that after the needle is inserted below the support again, it will usher in a rebound. Therefore, you can rely on the lurking trend of long orders near the support level below. If the support breaks, follow the trend and chase the short position. Can!
Operation suggestions:
Go long in the 1820-1840 area of Ethereum, target 1880-1940, and defend 1800!
Bitcoin is long in the 29700-29900 area, targeting 30500-31000, and defending 29400!