The market showed significant fluctuation.Daily Analysis

The market showed significant fluctuation. BTC smashed the market near the $10000 whi h causing the major tokens turned to red. The market was seriously hurt by the sentiment.The short position attack was fierce recently and was repeatedly suppressed at the high level. In 1-hour trend MACD index shows signs of dead cross near the zero axis, and there is no sign of breaking. Pay close attention to $9600 in the short term, stop loss when the support point falls, otherwise continue to bargain in this position.

Eth was further pressured by short selling forces in the evening which fell back in a straight line near the recent high point and stepped back on the $210 line to stabilize the rebound. In the 1-hour line, MACD index continued to be dead cross and the market came out of the continuous callback trend, but it is still above the zero axis. The long-term average is still climbing and the short-term Bull has not lost the initiative. Pay attention to support $210 wire later.