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The volume was lower than before

HTX:BTCUSDT   Bitcoin / Tether USD
The market once boosted again, and BTC failed at attacking the $7,000 mark again. After then, it fell back soon and left a short-term divergence. Until now, it has been back to the level of $6,900. Since the market was activated, it is hard to cut the morale of the longs now. Thus, the market might keep fluctuating. For now, the MACD of the 1-hour chart and 4-hours chart are still bullish, if the adjustment cannot bring the market to break the level of $6,800, the market is likely to surge again, and attack the $7,000 mark again. However, as the market is only one step away from the $7,000 mark. If the market cannot break it with a high volume, aggressively long is not available. Focus more on the support at $6,800.

ETH rose and fell back, and the strength was weakened than before. We have mentioned that, after a significant boost, the strength of the longs was weakened, and the rising space was limited. Now the MACD of the 1-hour chart indicated that the adjustment has not over, but the market is still strong. Focus more on the support at $142 while the adjustment, and small positions to short it if it is broken.

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#Cryptocurrency #BTC #BTCUSD #ETH #ETHUSD

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