Market analysis💥💥Why did the market fall? Long and short double kill!
Last night's market was wonderful, BTC fell to 64,000 again and temporarily held up.
Last night, 209 million long orders were forced to close.
Main reasons:
1. Selling and financing rates are negative after halving.
2. Israel and Iran events.
394 million US dollars of options are about to expire.
4. CZ events.
There are several data to pay attention to this week.
BTC support: 64,000-62,000-60,000, pressure: 65,000-66,000-68,000.
ETH support: 3100-3000, pressure: 3200-3300.
Spot: Lightly arranged MATIC STX CFX ACH.
The rest will not be operated for the time being, and keep the position for replenishment.
The risks have been clearly pointed out in the market analysis the day before yesterday. I hope this wave of decline has not caused too much loss.
The market is fluctuating in the range. Those who haven't covered their positions can wait a little longer. In the last round of decline, many cottages have basically recovered this time. This time, they have gone back. Spot is still mainly band-based, light position operation, follow the trend.
Those who like spot and stock up on bull market spot, let's go to the bull market together.
Click on the avatar and lock me, the bull market strategy is here, free to share spot.
