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Cryptocurrency News Video
4.25 #btc #eth Technical correction, wait patiently, cutting time BTC/ETH/Bitcoin/Ethereum/bitcoin/ethereum analysis)
Apr 26, 2024 at 02:09 pm 老俞区块链
Looking at Bitcoin today, Ethereum reached a new high after reaching the two-hour resistance level, but Bitcoin did not follow suit. The market as a whole began to correct and kill the long leverage accumulated during the rebound. It is a technical adjustment and is normal. In addition, from the daily line Judging from this, this is a bull flag trend. Due to the liquidation of leverage in the mid-term, the market has been liquidated and the death spiral has hit the bottom. It is at 59541, so this bull flag trend will gain momentum above this position. The time to gain momentum in a bull market Even during this period, and in addition to the observation that many retail investors who usually do not do technical analysis and research have begun to draw pictures, generally the short-term trend in the bull flag building stage is relatively easy to judge, which will increase the confidence of novices in reading the market. In the end, once the confidence is short, it will all be cut off. The time to cut flesh is not a big problem.
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