#加密市场回调
1st 10th, interpretation of the market trend and operation ideas:
1. Market review
Yesterday, BTC continued to fall, and there was no obvious negative fundamentals. The decline exceeded expectations again. The downward momentum has begun to weaken. There is a possibility of a rebound during the day, but it is still recommended to wait and see, and wait for stabilization before taking action. The key support has not been broken, and the trend is still there. The expectation of a new round of rising cycle is still there. Keep confidence.
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The concubine followed BTC and fell synchronously, and the decline was slightly beyond expectations. At present, the 4-hour level has entered the overbought range. A rebound is expected during the day, but it is still recommended to wait and see and wait for stabilization before taking action.
2. Today’s highlights:
BTC: 1-hour and 4-hour levels are below the healthy level, and the daily level is below the healthy level. Consolidation is expected during the day. Wait and see. The expectation of the big cycle has not weakened. The lower support during the day is 918000-92500, and the upper resistance is 945000-95000
ETH: 1-hour and 4-hour levels have entered the oversold range, and the daily level is below the healthy level. A slight fan is expected during the day. K God still recommends waiting and seeing. The lower support during the day is 3170-3220, and the upper resistance is 3300-3350