Bitcoin Market Analysis: Short-Term Adjustment wit
Market analysis: After Bitcoin reached a maximum of 64,000, there was a short-term adjustment. At present, the trend is not broken from the 2-hour level. In fact, the trend has already arrived. Even short-term adjustments cannot affect the upward trend of the long-term trend. Therefore, every drop is the best opportunity to participate. Currently, there is no support signal at the 4-hour level of Bitcoin, but 60,000 will be a strong support point. Every time it falls, Wall Street’s capital tycoons are eyeing it and will rush to buy chips.: The exchange rate of ETH against BTC has rebounded compared to yesterday and is now back above 0.055. It is still effective to adjust ETH and BTC positions according to the exchange rate. That is, after ETH/BTC falls below 0.055, you can consider exchanging BTC for ETH. The rule is that the rebound will be strong when it falls near 0.005. Once the exchange rate reaches or 0.006, you can consider exchanging ETH for BTC. In the past few months, when the eth exchange rate reached 0.006, the price of BTC plummeted. Of course, this only refers to the positions of ETH and BTC. In fact, the trend of ETH is still stronger than that of most counterfeit assets, and it is one of the few investment targets that can be held for a long time.