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BTC moved sideways with shrinking trading volume during the day, pay attention to the support at 37600 below.

Huobi Global

Summary: According to data from the Huobi Global, BTC continued to move sideways at 38800 after yesterday's elevated retracement, and the trading volume continued to shrink. In four-hour level of picture, EMA5, EMA10, EMA20 show parallel alignment, the strength of both long and short sides are relatively weak, and the Bollinger band range is gradually narrowing. ...

According to data from the Huobi Global, BTC continued to move sideways at 38800 after yesterday's elevated retracement, and the trading volume continued to shrink. In four-hour level of picture, EMA5, EMA10, EMA20 show parallel alignment, the strength of both long and short sides are relatively weak, and the Bollinger band range is gradually narrowing. In day level of picture, BTC is still generally located in the low consolidation range, pay attention to the breakthrough above 40,000 and the support below 37600.

According to data from the Huobi Global, ETH is relatively similar to BTC, and continues to move sideways with a small decline and shrinking trading volume during the day. In four-hour level of picture, EMA5, EMA10 and EMA20 tend to overlap, and both the long and short sides are weak, now located near the lower rail of the Bollinger band. In day level of picture, ETH is generally located within the low consolidation range, pay attention to the breakthrough of 2660 above and the support of 2460 below.

In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures was stable. The volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts increased slightly.

The open interest of ETH futures contracts was stable. The volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts increased slightly.

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