10.9 Evening Bitcoin/Ethereum Market Analysis
Bitcoin's short-term efforts accelerated its decline in the evening. The four-hour level failed to break through the 28,000 line and then fell back below the MA7 moving average. The bulls' stagflation rebound weakened. From the daily level, the shorts have not yet stopped falling. Below, focus on the MA14 moving average and break the position. There is still room for downside. The bullish trend breaks through the strong resistance above. The idea is to rebound mainly from high altitudes and supplemented by lows. The top suppresses 27800 and the bottom supports 27000.
Ethereum is still weak overall. Yesterday's trend showed a shock structure. It accelerated to the 1580 line in the evening. The four-hour market overall moved downward along the MA30 moving average and broke the previous low. However, the MACD volume failed to keep up. 1570 is the monthly K support if it does not break. There is a demand for rebound. On the daily line, Ethereum is relatively weak. The macd bulls have turned short and the two lines are dead cross. The idea is to rebound mainly from high altitudes and supplemented by lows and longs. The top suppresses 1630 and the bottom supports 1570.
#一起来跟单 #BTC #ETH
Bitcoin's short-term efforts accelerated its decline in the evening. The four-hour level failed to break through the 28,000 line and then fell back below the MA7 moving average. The bulls' stagflation rebound weakened. From the daily level, the shorts have not yet stopped falling. Below, focus on the MA14 moving average and break the position. There is still room for downside. The bullish trend breaks through the strong resistance above. The idea is to rebound mainly from high altitudes and supplemented by lows. The top suppresses 27800 and the bottom supports 27000.
Ethereum is still weak overall. Yesterday's trend showed a shock structure. It accelerated to the 1580 line in the evening. The four-hour market overall moved downward along the MA30 moving average and broke the previous low. However, the MACD volume failed to keep up. 1570 is the monthly K support if it does not break. There is a demand for rebound. On the daily line, Ethereum is relatively weak. The macd bulls have turned short and the two lines are dead cross. The idea is to rebound mainly from high altitudes and supplemented by lows and longs. The top suppresses 1630 and the bottom supports 1570.
#一起来跟单 #BTC #ETH