Personal opinion:

Last week, the market failed to hold around 65,000 and went directly to around 63,000. Judging from the current market trend, the overall trend has not fallen to the right level and will continue to go down.

 

In addition, the news this week can only include the announcement of the number of Americans who applied for unemployment benefits that week, which has relatively little impact on the market.

 

Analysis this week:

This week is bearish. Judging from the current weekly trend of the market, the overall situation is very bad. Whether it is simply from the K-line or from various indicators, the upward trend is really weak. So this week, the overall market is around 61,000, and Ethereum is around 3,250 this week.

 

And everyone should feel one thing from last week's trend. The market fell slightly by about 2%-3%, and the copycats were even worse. It was super fragile, and it was not an exaggeration to describe it as a long way off. The key is that the market has not stopped falling yet, so you should be prepared for another cycle of collapse.

 

Daily analysis:

From the current point of view, the market is still in a downward trend of 4H and 1D lines, so the short-term support below the market will be around 62500, and the short-term support of ether will be around 3350. As for when it will rebound, we can only wait and see.

 

Contract strategy:

BTC64000 small short stop profit around 62600 ETH 3460 small short stop profit around 3350

 

Note: This strategy is only for those who like to play band/short-term. At the same time, remember to consciously set a stop loss according to your personal position. It is better to make a small loss than to hold a single order!

If the direction of the change is right, you can continue to hold it.

For the convenience of family members, if you need to analyze other currencies, please leave a message at any time.

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