Analysis of ape’s today’s market:

The 1-hour level shows that the short side is dominant, while the 2-hour level has a yellow dot, marking the emergence of the long-side buying point. At the 4-hour level, long orders have a significant advantage.

The market today focuses on the key point that divides long and short at the 4-hour level - 0.5978.

If the price can firmly break through and stand above 0.5978, the strength of multiple parties will actively increase, and the upper resistance area should focus on the three key levels of 0.6140, 0.6169 and 0.6184.

On the contrary, if the price fails to stabilize at this price, the short side may take the opportunity to counterattack. At this time, you need to be particularly vigilant at the lower support levels of 0.5950, 0.5934 and 0.5911.

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