May 18, 2024, Saturday!
✅️Yesterday's market review
After nearly 50 days of consolidation, yesterday's market finally brought some hope to the market. To be precise, it was the big cake that brought passion to everyone, all the way up to around 67500. Brother Yu also said during the Weibo live broadcast and in the blog post that the market will improve in late May!
Yesterday's big cake BTC opened at 65235, the highest was 67451, the lowest was 65106, and the closing price was 67024, an increase of +2.74%, an amplitude of 3.59%; the second cake ETH opened at 2944 yesterday, the highest was 3120, the lowest was 2933, and the closing price was 3092, an increase of +5%, an amplitude of 6.35%. Yesterday, the rebound of the second cake was stronger than that of the big cake, which is a signal of the cottage counterattack!
✅️Today's market analysis
We need to be a little careful these two days. Saturday and Sunday are holidays, and tomorrow is 519. Although history will not repeat itself, there is a moral for being bitten by a snake for ten years. Beware of callbacks, so try not to touch the contract, neither long nor short is suitable! But the overall trend of the second half of the month is rising, and Brother Yu still sees shocks upward. There is not much time left for us to buy low-priced chips!
BTC intraday pressure level 67000/67500/68200
Support level 66500/66000/65200
ETH intraday pressure level 3120/3180/3250
Support level 3060/3000/2950
✅️Spot sector
With the rise of Ethereum, the spot sector has also begun to rebound in many ways. It is estimated that each sector is about to enter the rotation stage, but the current spot prices of cottages are all relative to the bottom price!
Next, we may need to focus on the chain oil track, especially the new game concept currencies launched by Binance in the early stage. It is very likely that this round will be hyped up!
In the past two days, the currencies in the Rwa track have also rebounded sharply, including Pendle and Ondo. This sector still has a lot of room for the future!
Sol ecological currencies have always been strong. The live broadcast has summarized jup jto ray, etc. As Link has risen, the oracle track recommended a small-cap Band yesterday, which can continue to be held!
Ar is the leader in the storage sector, and those who have bought Blz recommended yesterday can continue to hold it! Ena in the re-staking sector has signs of bottoming out and rebounding, falling below 0.635. With the rise of Ethereum, the second layer is bound to rise as well. Next, focus on it.
Today's ❤️499 Tiantuan❤️ code
ETC27/28 spot, target above 35, and expected production cuts on June 3!#区块链创新 $BTC $ETH $ETC