From the daily level, after a rise of a large positive line, Bitcoin closed with a small negative line with an upper shadow similar to a doji pattern. The price is above the MA30 line. The MA30 line began to flatten and showed signs of a slight turn. The MACD is still below the zero axis, so the daily level will not go up directly. There will be an adjustment process. The next trend can be determined only when the MA30 line is not broken. The support level is 63212 and the pressure level is 67171-68088.

From the hourly level, Bitcoin is currently experiencing a 1-hour level pullback and has returned to the zero axis for the first time, so there has been a small rebound at the 1-hour level during the day. However, at the 4-hour level, MACD is about to form a death cross and is about to fall again. Therefore, there is a contradiction between the 1-hour and 4-hour levels. After the rebound, there will still be a downward adjustment. The pressure level is 65,800 and the support level is 64,734-63,220.

ETH

From the daily level, Ethereum is a negative line with short upper and lower shadows. The real body of the negative line engulfs more than half of the previous positive line. The trading volume is basically the same as the previous day. MACD is still far below the zero axis, which shows that Ethereum is relatively weak. The exchange rate against Bitcoin has been hitting new lows and has begun to be oversold. The price is currently approaching the end of the triangle convergence pattern and is about to choose a direction. Here we are more inclined to Ethereum will have a good wave of rising market. The pressure level is 3123-3260, and the support level is 2870-2790.

From the hourly level, Ethereum is still following the trend of Bitcoin. It is currently at the 4-hour MA30 support level. At the same time, because it is relatively far away from the 1-hour MA30, there will be a rebound towards the MA30 line. The pressure level is 2986-3030 and the support level is 2892.

In terms of cottage

Yesterday, most of the altcoins experienced a certain degree of pullback, which can be regarded as following the trend of Bitcoin. Remember, the pullback of Bitcoin is a good opportunity for you to get on the altcoin train.

API3's daily trend is good, with two positive lines accompanied by an increase in trading volume. You can get on board at the current price of 2.486, and add to your position at 2.38-2.27-2.17, stop loss at 1.96, and take profit at 2.93-3.48.

BNX shows signs of a breakthrough. You can get on board at the current price of 1.056 and try to take a short-term breakout. Enter and exit quickly, with a take-profit around 1.3 and a stop-loss at 0.95.

BRC20 Inscription

The MA30 line of SATS has flattened. After the price rose to the MA30 line yesterday, it formed a correction. MACD is still below the zero axis and slowly approaching the zero axis. If there is a slight shock and adjustment here for a few days, the price will easily stand above the MA30 line and a wave of rising prices will appear.

The adjustment of ORDI is slower than that of SATS. The MA30 line is still in the process of flattening, and MACD is also far away from the zero axis. The price is fluctuating below MA30, waiting for adjustment.

MUBI went to around 0.066 yesterday. The trends of the two red circle positions are similar. We should pay attention to the rebound in the next few days. If the rebound is strong, you can get on board when it falls back to around 0.086. There will be a good increase in the future.

Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.

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