Market Analysis on December 20, 2021

BTC

The BTC four-hour level has repeatedly showed that the 60 moving average pressure is mainly based on the band. At present, from the structural point of view, it is more necessary to wait for the moving average to flatten. The form of shock changes from pressure to support, and to wait patiently or get dominated by short-term bands.

LUNA

LUNA has broken through the previous high, but there is still no sign of speeding up. Those who bought bottoms near 60 can consider taking profit. Luna has contrarian twice in a row, and it is a contrarian public chain token. The medium and long-term target is above 100, but may be affected in the short term

ETH

The four-hour level of ETH and BTC has been suppressed three times in a row, but generally there are only three. The probability of the fourth impact breakthrough is relatively high. From the current overall form including fundamentals and news, it is difficult to increase significantly. Possibility, here we need to step out of an extremely shrinking platform. The probability of breaking through again may be great. Focus on the contrarian or anti-fall measurements. At present, only luna has the attention.

Risk warning

The above analysis is for reference only. There are risks in the currency market, and investment needs to be cautious.