In-depth analysis of LSK market trends and strategies
Market trends
📉 1-hour level: The current market is in a bearish trend, and there is downward pressure in the short term.
📈 4-hour level: Bullish forces dominate in the longer time frame, showing the long-term upward trend of the market.
🔄 2-hour level: The market is in a correction phase, which is the process of the market self-adjusting and finding a new balance point.
📌 Special attention: The key long and short prices at the 2-hour level, especially near the position of 42.0055, will directly affect the subsequent trend of the market.
Strategy analysis
📈 Long order opportunity: If LSK can maintain above 42.0055, it shows that the bullish force is still strong. After the correction ends, there will be a good opportunity for long orders at the hourly level. At this time, investors should pay attention to the upper pressure levels, especially near the three positions of 2.0262, 2.0468 and 2.0618, which may become resistance points for further rise of bulls.
📉 Short orders are coming: However, the market is always full of variables. If LSK cannot hold the current price, especially if it falls below the key price of 42.0055, be alert to short orders. In this case, investors should pay close attention to the support levels below, including 1.9909, 1.9837 and 1.9721. These points are potential support for the market, and once they fall, they may lead to further price declines.
Yesterday, the US Bitcoin spot ETF had a net inflow of US$222 million, and this week it increased its holdings by more than US$1 billion in BTC
Odaily Planet Daily News According to HODL15Capital monitoring, yesterday the US Bitcoin spot ETF had a net inflow of US$222 million (3,315 BTC), and a total of more than US$1 billion in BTC was purchased this week.
