Market analysis: Mainstream currencies are mainly high and low, and the trend is linked to Bitcoin

BTC

Yesterday I said that the upward trend has been broken. The 5-day K-line shows that Bitcoin has closed with a high cross star, and the weekly K-line is about to break out of the top pattern. From the figure below, you can see that Bitcoin is temporarily above 7500, but the current trend is bearish, so be cautious in long orders. The 30-minute trend shows that Bitcoin has walked out of a downward channel. Both the daily and weekly lines have a need for a correction. This round of decline is expected to stop at 6936.2 (Fibonacci 0.382) and temporarily rebound. If it falls below, open a long order near 6433.53! In short, there is no need to be overly pessimistic. It is an inevitable market phenomenon that a long rise will inevitably fall. We need to adjust our thinking at any time according to market changes and keep up with the market~

Intraday operation suggestions: The upper 7800-8000 position is bearish, and you can short lightly, the first target is 7342 (Fibonacci 0.5), the second target is 6936 (Fibonacci 0.382), and the stop loss is above 8000. Strictly follow the stop profit and stop loss in the operation.

LTC

Yesterday, I said that I would continue to be bullish if 105 is not broken. If it is broken, I would open a short position. The target is 98.82. Yesterday's lowest point was 98.19. We will continue to focus on 105 today. From the chart below, we can see that the 30-minute trend of Litecoin has been biased towards a bearish trend. The pressure is 105 above and the support is 99 below. 99 is also the bottom of the previous box. Litecoin's daily K-line closed with a negative line, and the weekly K-line is about to break out of the top pattern. And the daily MACD and KDJ are both dead crosses. Be cautious in opening long positions, mainly high and short positions, and the trend is linked to Bitcoin.

Intraday operation suggestion: Wright can open a light position near 104-105. Target 98.9 (Fibonacci 0.382) stop loss above 106. Strictly follow the stop profit and stop loss in the operation.

EOS

I have said that the 30-minute decline channel has been formed. Yesterday, the short orders of 6.8-7 USD made a lot of profit, with the lowest being 6 USD. The stop-profit point I set was 6.2 USD, with a profit of 0.6 USD. The chart below shows that the trend is still downward. The rebound is weak. It is just one step away from breaking 6 USD, with the upper pressure of 6.5 USD and the lower support of 6 USD. The daily level closed with a negative line, and the daily MACD and KDJ are both dead crosses. The weekly K-line is also about to form a top pattern! The main trend is high altitude, and the trend is linked to Bitcoin.

Intraday operation suggestions: open a short position with a small position around 6.5-6.6, and stop loss above 6.7. The first target is the 6-dollar integer mark, and the second target is the previous low of 5.7234. Strictly follow the stop-profit and stop-loss rules in the operation.

E TH

The chart below shows that Ethereum is in a 30-minute downward trend, with upper pressure at 245-246 and lower support at 231. The daily K-line closed with a negative line yesterday, and the weekly K-line is about to break out of the top pattern. Both MACD and KDJ are dead crosses. The 30-minute moving average MA30 is suppressing the operation, so continue to operate at a high altitude and be cautious about bottom-fishing. The current market is linked to Bitcoin.

Intraday operation suggestions: Open a short position near 245-246 above, and stop loss above 248. The first target is 235 and the second target is 231.37. Strictly follow the stop profit and stop loss.