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Today's title closely follows yesterday's title. The contract market has undergone a sudden change in the past two days. Yesterday, the lives of multiple individuals in both arms were hanging by a thread. Today, dual currencies have regained vitality.
From the daily performance of the market, both the Big Dipper and Ethereum have shown effective downward testing support and rebound within the high volatility range. Although the rebound was not as high as expected and not impressive, the behavior that did occur was quite meaningful. We can expect that the downward support from this position will continue to operate within the volatile range of future prices.
The current physical position of Da Bing is running along the oscillation space at 117300 points, and it is temporarily stable, while the upward height of the ether is basically in line with our upward thinking around 3770 points.
However, there are two contradictory phenomena in this action. As for the big cake, we will focus on the effective support of 117300 points and emphasize the bottom rebound action that tends towards the big cake today. And at this position, Ethereum hits the oscillation space, which may depend on the downward pressure behavior.
As a contradiction point between dual currencies, how should we integrate it? I think we are not optimistic about the rebound height of the big cake, but rather optimistic about the pressure drop of Ethereum. Because today is Saturday, the volatility of both currencies is relatively weak. This leads Da Bing to believe that there will be a grinding motion in the 117300 point area, and the rebound will not be obvious. However, the volatility pattern of Ethereum in recent days has already emerged, so the upward pressure performance at this position will be relatively more obvious.
Today is Saturday, and it may be difficult to find trading opportunities during the trading session. However, we will analyze the current market situation and determine the trading strategy for the future.
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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.
