The market fluctuated sideways.Daily analysis-2020/05/08 3rd

The market fluctuated sideways, and the fluctuations of various tokens tended to moderate. BTC is still strong with no signs of hitting down, which indicates that the market is far from stable. In the 1-hour level k-line, the long-term average line is rising. MACD red pillars begin to shrink above the zero axis and the adjustment is about to be closed. Furthermore, bitcoin is expected to rebound again and hit the $10,000 mark, hold the currencies and wait for rise

The trend of ETH is relatively passive, which is completely following the trend of BTC. In the 1-hour trend, the callback process has not volume much which shows that the bears did not take the advantage. The MACD red pillars shrank above the zero axis, and the short-term bulls still dominate. Continue to hold the currencies if $210 is not been broken.