Hello everyone, I am A Gan, let me talk about the current situation of the market.

The major cryptocurrency yesterday hit a low of around 90,800 early in the morning and began to rebound, currently the highest rebound has reached the position of 93,650 and started to consolidate with slight pullbacks. Yesterday it dropped to around 91,500 and rebounded, hitting a high of around 95,000. It can be seen that the daily high of the major cryptocurrency is decreasing, and the low is also decreasing, which means the trend of the major cryptocurrency is still downward. The resistance above the major cryptocurrency is still at 95,100. If it cannot rebound to this position, the short-term suggestion is still to focus on short positions.

In the past few days, there has been a phenomenon in the market that after the US stock market opens in the evening until the early morning, the market has been slowly declining, while during the day it rebounds. This may be due to selling in the US market at night and bottom fishing in the Asian market during the day.

The secondary cryptocurrency yesterday hit a low near the daily support of 3,250 and began to rebound. As of now, it has rebounded to a high of 3,445 and started to pull back slightly. The strong resistance for the secondary cryptocurrency is still at 3,550, with a small resistance at 3,450, strong support at 3,240, and small support at 3,350.

Today, the secondary cryptocurrency has also made some gains, performing much stronger than the major cryptocurrency. As long as the major cryptocurrency does not crash drastically, the secondary cryptocurrency has a chance to catch up. If the secondary cryptocurrency rises, the altcoins will also have a chance to rise. So those who want to play with altcoins can pay attention to the trend of the secondary cryptocurrency. The secondary cryptocurrency has not yet exploded; it needs to break through strong resistance to continue climbing. If it does not break through, it will still be dragged along by the major cryptocurrency in the evening. However, when it is near strong support, it is still possible to bet that it will not break down. When it reaches 3,260, just buy it. If it breaks below 3,220, stop loss. This is similar to the previous situation at 3,050.

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