May 21, 2024, Tuesday!
✅️Yesterday's market analysis
Brother Yu said in his blog two days ago that if there is no surprise on 519, then the end of May will be bullish! The increase in ETH's ETF approval rate last night became a positive factor that ignited the market. ETH rose by 20%, and the market is about to explode!
The opening price of BTC yesterday was 66274, the highest price was 71515, the lowest price was 66066, and the closing price was 71446, with an increase of +7.8% and an amplitude of 8.23%; the opening price of ETH yesterday was 3071, the highest price was 3694, the lowest price was 3047, and the closing price was 3661, with an increase of +19.23% and an amplitude of 21%. The intraday market fluctuations of BTC were nearly 10%, and the intraday market fluctuations of ETH were more than 20%. It was a big market day!
✅️Today's market analysis
The market is currently bullish, and the approval of ETH's ETF has become the latest, largest and most suitable hype opportunity. Although it has not been confirmed to be approved, the current market sentiment has already defaulted to it! The current price of the big cake is around 71000, and the current price of the second cake is around 3660. After the intraday market fell back, it continued to fluctuate upward. The trend is unstoppable. Brother Yu has always believed that the bull market has not yet arrived!
Intraday market pressure and support analysis
BTC pressure level 71900/72800/73700
Support level 70500/69800/69000
ETH pressure level 3700/3770/3850
Support level 3600/3540/3480
✅️Spot sector analysis
Brother Yu emphasized that what is lost will come back, and there is no way to go on a roller coaster. Although many cottages have not returned to the last high point so far, the bull market will inevitably break through the high point of the previous round of market! Hold the spot in your hand, hold it, hold it firmly, don’t contract, only spot, and make 100% money in the bull market! Ethereum ETH rose, stimulating the cottage market, and the overall rebound. Next, Brother Yu believes that two sectors will focus on, the Ethereum series and the chain oil sector!
In the previous Weibo live broadcast, I gave you a summary and analysis of the key currencies in each sector!
The ETC spot recommended in yesterday's blog continues to be held, with double benefits, and the goal remains unchanged!
The chain oil sector is likely to be the sector to explode next. The new targets on Binance should be hyped this round!
Today's ❤️499 Tiantuan❤️ code
ACE chain oil sector, Binance investment, the first new game currency on Binance
Spot 5-5.1 batches
Reason: The game benefits were released on May 15, and the last round of locked-in disks were around 12u, and the price was absolutely at the bottom!
#Blockchain#以太坊ETF批准预期