Click on the link to enter the meeting: https://meeting.tencent.com/p/9850662513
Good evening,everyone! I am your Da Bin teacher!
The weekend was quite simple. When the US stock market did not open, there was much less noise in the market. Today, the quarrel between Trump and Musk continued. Trump said that the relationship with Musk had ended and threatened Musk not to sponsor Democratic candidates. However, Vice President Vance publicly expressed his hope that Musk would calm down and return to Trump's team, because Trump did not want to form a blood feud with Musk.
Anyway, at least there were no new incidents over the weekend. Although the trading volume is still very low, the price of BTC is still quite stable. It is likely that the market has good expectations for the upcoming China US talks on Monday, but it should be Tuesday Beijing time. Relax well on the weekend and fight again next week.
Looking back at BTC's data, after entering the weekend, the turnover rate has indeed slowed down, and investor sentiment has also slowed down. Even the loss making investors who left the market in large numbers the previous two days have reduced their movements, and the rest are waiting for the opening of the US stock market on Monday. From the supporting data, there is still no change. The range of $93000 to $98000 is still the best support, while the chips between $100000 and $105000 are still accumulating. For the time being, this range is relatively stable.
The current price of ETH is around 2523, at the upper edge of the strong support range of 2491-2523. According to the indicators, the buying proportion in this region reaches 95%, but the selling pressure at the resistance level of 2629 above has sharply increased, forming a clear chip gap. Combined with the KDJ overbought signal, the risk of a pullback has increased. The 4-hour cycle K-line shows a top split pattern, with trading volume shrinking to 35.83% of the recent average, indicating strong upward momentum. The bearish pattern of EMA24 below EMA52 confirms a downward trend.
Enter the live broadcast room to accurately grasp the support resistance level and predict changes in advance!
Operation suggestion:
BTC 104000 long first target to see 105100 second target to see 106200
ETH 2480 long. First target: 2550. Second target: 2610
Join the language community communication group to obtain more services
1. Real time troubleshooting (online one-on-one question answering and sorting)
2. Professional technical analysis and theoretical learning
3. Construction and improvement of trading system-
4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land!
Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance.
Tencent Meeting Live: 985-066-2513
DingTalk Group Number: 120320009032
Every day, there are teachers in the group who arrange precise positioning to answer questions and provide free guidance
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
