1.29

Last week, Brother Huo's public strategy was: the big cycle continues to be bullish, the medium term is bearish, and the short-term is bullish! So far, the short-term thinking has been well confirmed, and this week will continue the previous thinking: medium-term bearish.

At present, the daily line of the Big Pie has risen from the lower band to near the middle band, and the MA moving average has also reached the long-term moving average, both of which are upward pressure points, combined with the top divergence, will only be lower and lower, and this round of decline is likely to be a long period of continuous negative decline. Roughly 2-3 negative values will be formed on the macd in weekly units, and close to the middle band of the weekly line, which is also the view of Brother Huo last week, and it remains unchanged now! ETH's silk road is consistent with the Big Pie, but the state shown on the macd may be different from the Big Pie, maybe just close to the negative value, but the Bollinger Bands may break the middle band in the short term.

The above is the medium-term trend judgment!

In the short term: the Big Pie 15-minute line will come out of a wave of rise on the MACD, but Brother Huo does not recommend going long for the time being, and conservatives can wait for the Big Pie to enter the short around 42400-42500
ETH can enter the short near 2280: At present, ETH is about to form a death cross on the 15-minute ma moving average, and the above analysis will most likely not run.

To sum up, the Silk Road given today is the Big Pie near 42450, the target is below 42000, and the defense is 42800.
ETH ENTERS THE AIR NEAR 2280, THE TARGET IS BELOW 2250, AND THE DEFENSE IS 2310.

The market is changing rapidly, and the strategy is only based on the current trend as a reference.