Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/9031749175
Hello everyone, I am Liyuan. I will be live streaming for everyone at exactly 7 pm tonight. Firstly, let's review last week's market performance. After Bitcoin broke through a new high of 110000, it began to oscillate in the high sector, waiting for direction.
The overall price comparison in the early morning did not receive a second surge and continued, but instead gave a slight pullback. The lowest price of the coin reached around 104300 and stopped before rebounding. At present, both long and short are competing around the 105000 mark. Ethereum surged to the level of 2679 in the early hours of the morning and then continued to decline until it hit bottom. Overall, there is no continuity in both long and short coin prices.
The current market trend continues to alternate between yin and yang, presenting a saw and saw pattern of oscillation. The daily chart clearly shows a continuous bearish trend, with multiple crosses formed and small solid columns, showing a regular trend of market washing. Although it reached a high last night, it fell back at midnight and closed with a bearish trend. The unilateral market is still lacking momentum. On the four hour chart, the downward trend and rebound repeatedly occur, with the low point being stable and slightly rising. However, the resistance at the high point remains strong and unbroken, making it difficult to find sustained short-term space. Suggest focusing on rebounding short positions.
Tonight's live broadcast will bring you real-time short-term orders, including the layout of mainstream Ethereum knockoff market in the future.
QQ group number: 923794278
Meeting number: 9031749175
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin 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.
