News:
1. Biden officially announced his withdrawal from the 2024 presidential election and supported Vice President Harris as the 2024 Democratic presidential candidate; (currently not officially a Democratic candidate)
2. Trump responded: Harris is easier to defeat than Biden;
3. Harris: African American and Asian (Indian), the first female vice president in American history, Harris has never taken an official position on cryptocurrency. According to financial disclosures, neither Harris nor her husband Douglas Emhoff has ever been involved in the encryption field, but prefers to invest in U.S. Treasuries and emerging markets.
Technical aspects:
Pie: From the weekly line, the target of 68,000 last week was exceeded, the increase last week exceeded 12%, and the weekly line closed with a real big positive line. This week's impact of 70,000-72,000 will be a high probability event. From the daily line, the market crashed more than 2,000 points in the early morning, and the daily line just stepped back to the 7-day moving average position, and quickly rebounded to above 68,000 points, and the technical side was repaired. The overall trend of the daily line is still bullish. The support below focuses on the 67000-66500 range, and the upper focus is around 69000 points!
Second Cake: From the weekly line, the increase last week was 9%, just completing the target of 3530. The weekly line closed with a real big positive line, 3750-3800 this week. From the daily line, the deep pin closed positive in the early morning, the center of gravity of the K line moved up as a whole, and there was some adjustment in the morning. The focus of the day is on the support within the 3490-3460 range. The overall trend is bullish, and the upper target of the day is 3610-3640.
Shanzhai:
This week, you can pay attention to the MEME sector: FLOKI, PEPE, and BONK lead the rise;
New currency: ZRO's trend just meets the three-wave rising market, and the target 5.5 has been achieved at the weekend. Wait and see for the time being.
The currency market fluctuates greatly, so be cautious when entering the market. This is my personal opinion, no suggestions, just for sharing.