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The market bottomed . Daily analysis-2020/05/21

HTX:BTCUSDT   Bitcoin / Tether USD


The market bottomed out and fell again to test the bottom support. Obviously, the fixed fund undertaking stabilized, and BTC bottomed out of the anti-package form. In the 1-hour k-line chart, the MACD index continues to shows the dead cross below the zero axis, and the short-term shorts are strong. However, the k-line appears a rebounding demand in the future. Pay attention to the support $9200 line.

ETH has a weak trend lately which has been continuously suppressed by the shorts, and the counterattacks were weak. From the 1-hour line, the MACD index continues to form the dead cross below zero, the red pillars begin to shrink, and there will be over-rebound demand in the short term. Follow up with the $210 pressure line.

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