Today's market analysis and trading suggestions! For everyone's reference!
Currently, from the 4-hour and daily levels,
the downward momentum has significantly decreased, and the divergence pattern is very clear, a new round of rising cycle is about to begin. The pullback support range can be considered for follow-up, keep the confidence!
The second-tier coins are consolidating in sync with BTC, maintaining fluctuations. The 4-hour and daily downward momentum has also significantly decreased. The intraday pullback support range can be followed up, waiting for subsequent rises. Altcoins are consolidating in sync with the mainstream, showing slight increases. Consider light follow-up during the day, waiting for a new round of rising cycle!
The altcoin sector is consolidating in sync with the mainstream, showing slight increases, waiting for a new round of rising cycle. Recommended altcoins to buy on dips: SOL, RAY, Uni, Link, AAVE, AXAX.
Intraday market analysis
BTC has returned to healthy levels at the 1-hour and 4-hour levels, and the daily level has also returned to healthy levels. The intraday expectation maintains fluctuations. Observers should wait for the pullback support range to consider follow-up. The expectation for the larger cycle has not weakened. Key intraday support to focus on is 93220-93710, while the upper pressure level is concerned at 96010-97000.
ETH has returned to healthy levels at the 1-hour and 4-hour levels, and the daily level has also returned to healthy levels. The intraday expectation remains fluctuating. Observers should wait, with key intraday support to focus on 3300-3350, and upper pressure levels at 3470-3520.
Trading suggestions: Continue holding spot positions. Friends with full positions can consider reducing a bit on high points. For contracts, make sure to set take profit and stop-loss! Avoid sharp fluctuations in the next few days!
