[2024.3.6 BTC/ETH intraday market analysis]
The market plummeted in the early morning, and the market fell by 10,000 units within the day, a drop of 15%. Is it exciting? The live broadcast the night before yesterday talked about preventing the market from falling after it reaches a new high (refer to the previous bull market, which then rose to a new high and then dropped 50% and then surged again). Yesterday afternoon, the lecture also talked about how I reduced my position in copycats. Unexpectedly, it started to plummet early this morning, and the market price every time They were all right, the brothers said it was luck or strength!
Next, it is estimated that the K-line will be repaired sideways. Now that the Ether ETF review is postponed, we are waiting for the Cancun upgrade. You can pay attention to this sector. The bull market will frequently insert pins to burst the contract. If you can't play with the contract, just play with the spot. If it drops by about 15%, you will open a position. After a few drops, your position will be almost full. When the currency price takes off, you will make money. Buy when there is no one. When asking about it, it’s a good idea to sell it in a crowded place!
In the contract market, those who have liquidated positions or suffered major losses are basically trading with heavy positions, holding orders to death, and not setting up stop losses. If you cannot correct these problems, you will continue to lose money! Don't always think about getting rich overnight. Work steadily every day to achieve 3-5 points of income in your total account. Wouldn't it be nice to double it in a month? Water will flow slowly, little will make more, control your greed!
Today’s order ideas:
The market is currently short for 1/2 hour, and the 4-day pullback is bullish. For today’s rebound, focus on the upper position of 64850. If you stand firm at this position, it will start to rebound in 2 hours. The upper pressure level/target level is around 65840-67070-68400. , if it reaches 65840 today, the 4-hour callback will end.
If it fails to rebound, it means that the air force is still very weak, and the market is likely to fall back. The lower support levels are at 62660-60890-59180-57460!
Ether is currently relatively strong on the 2-hour short side, and the 4-hour pullback is on the daily long side. Pay attention to the position near 3627, which is the pressure level for the 1-hour rebound. If it stands at this position, the 4-hour pullback ends, and the upper target is 3728-3805. nearby.
If it fails to rebound, it means that the air force is still very weak, and the market is likely to fall back. The lower support levels are at 3467-3386-3300-3210!#hottopic#BTC#ETH