BTC

Bitcoin continued to plummet last night. The lowest fell below 45,000. The decline in the past two days was more than 22%. During the period, there was a lot of trading volume. Finally, we saw the volume that the bull market should have, but it was just a decline. Yesterday’s analysis has also been carried out. The overall decline is actually a second inertial decline. If the subsequent market, that is, the current market, can continue to rebound, and the real hammer stands at the 4-hour level 90-period average buying line, then we can determine that there will still be subsequent Up space.

The current market is completely suppressed by the 90 line, and there is no movement to break the 90 line, so we still need to stay on the sidelines and do not enter the market easily. We must wait for the market to stand firmly on the 90 line and in the process of callback We can only enter the market without breaking below the 90 line again. The lower support area is 41954, and the upper no resistance area.

ETH

The sharp rebound of the ether drop is also relatively strong. Yesterday, the market dropped to 1351 from the lowest point, and fell from the highest point to this place, with a drop of more than 33%. The subsequent rebound from here to today's high point, the rebound has exceeded 23 %, still a very good rebound. The trading volume during this period is also good, and at the lowest point we can see that the K-line has a very long lower shadow, and the trading volume is also the highest value in the past month, indicating that the bottom-hunting here The number of people is very large, and the follow-up market still has room to rise.

For the long-term bullish partners, we need to pay attention to whether the market can stand firmly at the 4-hour level 200-period average buying line at this time. In the subsequent callback process, if the market does not fall below the 200 line, then we can Choose to buy low here, establish a position, and use the 200 line as the lower support level. The bad news is that the 90 line has begun to flatten and there are signs of downward turning, so our position should not be too large. The lower support area is 1608 and the upper resistance area is 1811.

BCH

The highest point of BCH fell from 779 to the lowest point of 405, and it only took a short week. Therefore, we have determined that BCH is a relatively extreme currency. After this almost half-cut action, there are many people covered by the quilt. , And the next arrangement for these trapped people is to constantly wait for the market to rebound and then unwind, so we will clearly feel that the selling pressure above is very serious.

The good news is that after the market's lowest price dropped to 405 last night, the transaction volume was very high during the rebound process, and the lower shadow of the K line was very long, and the number of bottom hunters was very large, and the market continued to rebound today. Action, the real hammer has stood on the 4-hour level 200-period average buying line, which is better. Small partners who did not enter the BCH in the early stage, or have already taken profit at a high level, can consider the following 200 line as the support level, try to buy low and establish their first position. The lower support area 522, the upper resistance area 636.

DOT

The trend of Polkadot is satisfactory to us. In the process of this sharp correction, the market still has not fallen below the 4-hour 90-period average buying line. We can see that the market is fully supported by the 90-line support column, and Use this as a point to start a rebound. The current rebound rate is not bad, and there is a lot of trading volume below. Small partners who did not enter the market in the previous period suggest that they can still use the 90 line as the lower support level and try to buy, but the current market is 15% from the 90 line. , So the position must be controlled. The lower support area is 30.8, and the upper no resistance area.