Today's market analysis
Looking back at yesterday's market, BTC is still in a volatile stage. After the initial jobless claims data was released yesterday, it rebounded slightly with the overall financial market. After reaching 61,100, it began to fall and touched the key support level of 58,000 below again. In the past few days, it has been mentioned many times that the buying power at 58,000 is still very strong, so there will be a strong rebound when the market reaches this position. The current BTC price is around 59,400. The current market sentiment is still quite impressive. Even if the market falls back from 60,000 to around 58,000 again, it does not affect the sentiment of bottom-fishing at this position. It can be seen that many people in the market have a high sense of recognition for the big cake at this price. Last night, we also notified everyone to open short positions at 60,800 and 2580. By 1 pm today, we also won 2,000 points and 75 points of profit space, which is a good return for this volatile market. The subsequent market will still maintain the current range and fluctuate until the non-agricultural data next month breaks the current situation, so the idea is still to short at high points as much as possible, and the risk of low-long is still high!
Intraday pressure and support levels
BTC pressure level 59800/61000 support level 58500/57600
ETH pressure level 2550/2580 support level 2500/2460
Spot sector analysis and recommendation
There is actually very little to say about the spot market. Basically, it still maintains yesterday's idea. In the medium and long term, choose the old-fashioned currencies that are relatively resistant to declines and have practical applications in the near future to establish the first position. In the short term, choose the currencies that are relatively popular recently or the low-market-value tokens of Binance that are not on the contract to ambush. Don't be too heavy in the position of this type of currency. Just buy it as a lottery ticket. Don't think that one coin can make you achieve wealth freedom. At least the current market sentiment is unlikely to have such a token.
Pay attention to the popular coins: dogs, not, floki, sun, pepe
Old coins: link, aave, uni, sol
Low market value coins of Binance: gft, troy, ooki
The above is today's sharing, follow my pace for specific ideas
If you like spot or contract, Wu Chang! ! !
I am also preparing to ambush the explosive potential coins of Binance again in the next two days
Leave below: 88. Wu Chang will take you! Click on my avatar to take a closer look!
