Market analysis on February 2nd

1. Analysis of the daily trend of Big Pie Auntie

1.Auntie’s 4-hour trend analysis

Let’s take a look at Auntie’s intraday trend: the market then hit the low point of 2167 below the knife and began to rebound, rebounded to the highest point of 2393 and began to correct, then fell to yesterday’s low of 2240 and began to rebound to around 2320 to begin stagflation. The market continued to First, there is an abc structure with a 5-wave callback. Now we move to the b-wave position, and we need to use the c-wave structure. Wave C happens to be the right shoulder trend of the head and shoulders of the previous top pattern. According to the price area where wave B rebounds, we calculated that the possible position of the right shoulder of this wave is around 2316 (wave b is equal to 50%-75% of the height of wave a). The upper pressure is at 2330-2350, and the lower support is at 2240-2220. When the market falls below the neckline at 2220, the market will begin a deep correction of the head and shoulders top shape. The downward position is about 2140, so the price of the C wave decline is about Around 2180 again. Pay more attention to these two position areas and perform high selling operations above.

2. Analysis of the 4-hour trend of the pie

Let’s look at the intraday trend of the market: the market will hit a low of 38,500 below and start to rebound, and it will start to stagnate when it hits a low of 43,900 above. Let’s take the first stage and then take the situation of wave 1 rebound. The position of wave 1 happens to be the trend of the right shoulder of the top structure. Based on the relationship between wave 1 and wave 2, we calculate the price that may fall in wave 2 and then locate the area of ​​42600-42400. The upper pressure position is in the 43500-43800 area, and the front top structural neckline position is near 42000. Then the market may fall below the neckline near the 40400 position, and the lower support is just in the 40300-40500 area. Today, you should focus on selling high at 43500-43800 at the top, and try to consider 42400-42600 at the position below where you can buy low.

2. News situation

This evening we will focus on the non-farm payroll data at 9:30, and whether the Bank of New York's thunder crisis in the past two days will affect the Federal Reserve's judgment on the future economy and interest rate hikes. Whether this crisis will spread, everyone should Watch out. #热门话题 #ETH #BTC #FTT #sol