The market after the holiday is somewhat different from the expected one. First, there is no news about the Middle East at present, and second, the structure of BING has also moved up. As far as the current situation is concerned, both the bulls and bears have their own reasons.
E-Tai, there have been a lot of news about E-Tai being deposited in exchanges recently. There is no narrative logic in the short term, and the structure is also weaker than BING. At a high level, the decline since 4093 is still uncertain. It is currently in the second central axis of the weekly line, and there is even a possibility of breaking 2111 to a new low. Once it happens, it will be catastrophic, and the support level will be around 1800. In the short term, the price of the currency should not exceed 2728.6. If there is a downward movement of breaking 2311 today or tomorrow, the above disaster expectations will be enhanced, and attention should be paid to the trend line support near 2200.
UNFI, the previous feature was a sensitive doomsday chariot, and it was relatively strong yesterday and today, so the directionality of the market is not conducive to bulls.
AAVE, with a moderate structure, as a coin that broke through a 17-month high, should be a leader. As a leader, if the short-term market is going to go up, it should react in advance. The recent 4-hour K-line barely maintains the trend of rising from the low point. If it breaks through 134.74, it proves that the market is prone to a more resolute correction.
BING, its own structure can go up or down, but the external war is still uncertain. At the same time, if the correction starting from 66498 has ended at the previous 59828, it seems to be a relatively short time. A more reasonable trend is to continue to fall down for a week but not to break 57500 at will, so that both time and space are sufficient. Objectively speaking from the flag logic, as long as the price does not break 54050, it is an upward trend starting from 49000, which is acceptable to spot bulls. There are some unusual movements in sensitive doomsday chariots such as UNFI in the ultra-short term, so it is more appropriate to treat the market with a short-term pullback idea in mind, but at the same time, it is hard to say whether other currencies on the market are more resistant to declines than BING. If BING falls back and other currencies do not fall much, it means that funds are firmly holding positions, and small currencies can continue to be optimistic in the future. If other currencies fall significantly, funds are rushing out, and the short-lived spring of small currencies will easily end.
