[5.14 Market Research Report - It's the position where longs and shorts want to greet each other again. Don't guess the direction. Trade within the range. High and low points determine the trend. ETH daily wedge structure continues. In terms of the cycle, start to enter at 2800 with your eyes closed]
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1. BTC
In the past few days, the big cake has been around the bullish channel, and the changes in high and low points have been made. On the 11th, it began to appear above 6.15, and a rebound was expected. On the 13th, it was above 6.18. We will continue to look at the target of 6.25-6.35. These ideas are all available in the square, and they are also verified step by step.
There are only a few inflection points up and down. As long as the inflection points are not broken, there is no direction.
Just like spot, no matter which trader or who analyzes, the trend of the big cycle remains unchanged, and all they do is just the entry plan.
The current market has always been:
The lower turning point is 5.9-6, the upper two points are 6.35, and the daily focus point is 6.55 7
Trading at the position is not the same as intraday trading
Intraday trading requires first judging the trend, finding the position, and then entering the market
Support 6.25 6.18 6.04 Pressure 6.45 6.55
[Currently in the range of platform consolidation, can be long or short, long and short mutual SX position, you need small-level high and low points to judge the trend]
2.ETH
This wedge structure has been around for several months. The target of 2800 is also the entry expectation made last month. The range is accompanied by support and pressure
Spot entry position 2600-2700 2400
Support 2866 2720 2666 Pressure 3000 3060 3130
3. Copycat
Today, I did this FORNT [It is still because of the heat and volatility]
There is no hot money or active money in the market, so there is no bubble
The market of copycats has not arrived, so there will be no sector rotation
Most of them are new lows or new
