Express

BTC continued to rise during daytime, focus on whether the upward trend can continue.

Huobi Global

Summary: According to the data of Huobi Global, the price of BTC continued to rise during daytime, and was blocked at 43,000. It was temporarily stable and is now around 42,500. Judging from the 4h K-line, BTC has stabilized at a high position and is still rising since the rapid rise on the 4th. The long ...

According to the data of Huobi Global, the price of BTC continued to rise during daytime, and was blocked at 43,000. It was temporarily stable and is now around 42,500. Judging from the 4h K-line, BTC has stabilized at a high position and is still rising since the rapid rise on the 4th. The long side potential is currently strong. In the short term, pay attention to whether the upward trend can continue. Each EMA line is rising, and the Bollinger Band is shrinking sharply. At the daily level, BTC broke through the downward range, and the trading volume was within the normal range. Pay attention to the BTC uptrend in the short term.

According to data from Huobi Global, ETH rose slightly today, which kept the same trend as BTC, and is now around 3066. From the 4-hour K-line, after several days of rising, the price increase has slowed down in the past two days. Pay attention to the direction of price adjustment and the support position of 2956 below. From the daily level, the upward trend has slowed down, the indicators also returned to the normal range. In short term, it may adjust sideways.

In terms of contracts, the data of Huobi Futures shows that the open interest of BTC contracts remains unchanged, the contract trading volume kept stable, and the contract market is relatively inactive. The basis for delivery contracts is stable.

The open interest of ETH contracts increased, the contract trading volume increased slightly, and the contract market was relatively inactive. The delivery contract basis remains unchanged.