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All content in this article is a personal opinion, for learning and communication only, not as an investment basis, operate accordingly at your own risk.
In the past week BTCETH the yin line and the yang line have crossed, the market is the same as the weather, alternating between hot and cold, and the range shock cannot see the direction, and this shock market still needs time to digest.
BTC encountered resistance after encountering 43,500 in the upper rush yesterday morning, because this is the first pressure level of this week's weekly line, and it is also the first pressure level of yesterday's daily line, and the pullback is normal, and the psychological defense line that most people are concerned about below is 40,000 knives, but Yiming believes that the probability of falling below 40,000 this week is larger, and the lower line of defense should be seen to 39,800.
ETH, yesterday it just rose to the first pressure of the daily line of 2259 and came down, and there is still a distance from the first pressure of the weekly line of 2331, indicating that the ETH of the same period is weaker than the BTC, and the probability of a new low in the ETH this week is high, and the West is concerned about the defense of the 2089 line.
Summarize the approximate range of shocks for the week
BTC: 39800~43500
ETH: 2089~2331
This is this week's oscillation range forecast, not today, and the reference needs to correspond to the cycle.
ETH is weaker than BTC, so the reality is that the upper pressure level may not be reached, and the lower support level may be broken.
Break through either side, you will get out of the trend, the current idea is to operate within this range, and the taboo is to get on the car in the middle position
Message: More important than hard work is to find the right direction