12.4 Old Leek Talks About Coins

Market Review and Analysis

The overall trend of the market is basically the same as what was said before. If the big cake is falling or trading sideways, it is the two cakes and the cottage that are performing. Since the big cake was issued, the price was 98,000 at that time, and it is still lower than this price. The second cake has risen from more than 3,000 points to the current highest of 3,760. The cottage also moves in rounds. It is not a collective rise. They are all the rotation of the market. They rush when they pull back. The second cake has not led to a sharp drop in the cottage. Basically, it will rebound immediately after the pullback. Especially in the rotation of the cottage sector, there are a few coins that have a relatively large increase every day. It depends on whether you can grasp this currency with a relatively large increase. At this stage of the overall market, I have talked about the rotation performance of the cottage coins and some markets that I have paid attention to in the videos yesterday and the day before yesterday. Next, continue to pay attention to the performance of the AI ​​and game sectors

Today's Highlights

BTC's market is now clearly showing a volatile trend, and the fluctuations of falling and rebounding back and forth are not very Big, for the current price, a daily amplitude of several thousand points is normal, which looks scary. In fact, according to the current price increase, there is not much fluctuation. From the four-hour level, the only thing to pay attention to is whether it will repair the low point of the weekly pin last week, which is around 91,000. The current short-term support position is in the 88-92,000 range. Just focus on it.

ETH's market performance is relatively simple. Yesterday's low point just reached the first support position of 3,500 points given on Monday this week. It also rebounded to 3,700 points at this support position. Whether it will break through 3,800 points at this low point is unknown, but at the current stage, according to the market performance, the effective support position at the four-hour level and the daily level is in the 3260-3320 range. The support points at the intraday level still need to pay attention to the first-line support of 3480-3520, and the second-line position is around 3,400 points.