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The market went down collectively.Daily analysis-2020/05/11

BITSTAMP:BTCUSD   Bitcoin
The market went down collectively, the major tokens turned from green to red, the overall market sentiment was depressed, and the recent trend of BTC was relatively moderate. In the 4-hour trend, the K-line has repeatedly received a long hatching line, indicating that the bulls are strong in resistance. At present, the MACD index begins to contract below the zero axis, and there may be rebound demand in the short term. Pay close attention to the 8900-line pressure level.

The recent trend of ETH is weak, the bulls are weak in the upswing, and the rate of decline is faster. The MACD index far below the zero axis at the 4-hour level line and the shorts in the short-term are strong. Focus on the support $180.

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