1000SATS today's market analysis

1. Market trend analysis

1-hour level: The bulls have the upper hand, showing the upward momentum in the short term.

2-hour level: The yellow rebound signal appears, which may indicate that the market is about to rebound.

4-hour level: It also shows that the bulls are dominant, and the market is in a relatively positive state.

2. Key nodes and support and resistance

Long-short watershed: The market is currently focused on the long-short watershed of 0.0002917 at the 4-hour level. This price is an important reference point for judging the short-term trend of the market.

Standing price: If 1000SATS can stand above 0.0002917, it is expected to start a rebound at the 4-hour level, and the initial target can be seen near 0.0003040.

Lower support: If the market fails to effectively stand on the watershed and falls below the long-short line, the lower support level will appear near 0.0002883, 0.0002854 and 0.0002800 in turn. These prices provide potential bargain hunting opportunities for investors.

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