Today's market review
E is obviously weak in structure. It is more reasonable to break 2111 at a high level, but due to the uncertainty of BING's structure, it can only be delayed and wait and see. If 2363 is not broken in the late trading, it is more reasonable to rebound to find around 2430.
PEOPLE, 0.04784 cannot be effectively broken.
AAVE, let's focus on it. First, the daily K-line since March is much stronger than other currencies. Second, the recent weekly moving average is arranged in a bullish pattern and has an upward trend. Third, it was the first to be recovered today and set a new high for several days during the session. The intraday pull-up volume is solid, and it seems that there is an intention for funds to get on board early. Breaking through 148 is a large-scale strengthening, and spot holding is enough. If the market picks up in the future, it may be a pioneer.
SOL, the high-level convergence support line was pierced again, and it is appropriate to consider the bullish trend after the daily line returns to 138.
ordi, it seems to have become a new doomsday chariot. Generally, if the ordi pulls for two days, the market will easily fall. The daily line can only participate after breaking through 37.
BING, it stepped back to the fib support range of the first rise of 49,000. Generally, a retracement of 50% is strong, and a retracement of 61.8% (corresponding to 55,112) is weak. There have been three declines since 65,000. This morning, a 15-minute drop of 2,200 dollars can be regarded as an accelerated trend, so this decline can be speculated to end. If so, the price of the currency should show a firm and continuous upward breakthrough of 59,809 as soon as possible to confirm. In the evening, a slight decline to around 56,300 and then a push up is the expected trend. If it has not broken through 58,300 by the 7th, it may hit a new low again. For the bulls at a high level, it can take about 3 weeks to return to 70,000. But it doesn't count if it's too far away. Let's wait and see and respect the market. There will be ADP data tomorrow and non-farm data the day after tomorrow. When observing tomorrow's trend, the ideal situation would be a firm and sustained upward trend.