Today's market analysis
Affected by the Mentougou compensation incident yesterday, BTC fell below the 600 million mark, and began to rebound after touching 58,400 below. The current price is around 61,150. We still need to judge whether the trend will change at this point. We still need to make a judgment based on the subsequent market sentiment. For the current sentiment, the overall trend has not changed. Let's look at the situation of ETH. Affected by the decline of BTC, ETH also touched the low point of 3213 below, and then began to rebound. Many people may be curious about why ETH is so strong this time, because the tokens paid by Mentougou are BTC and BCH. Even if they are sold, they are selling these two tokens. For other tokens in the market, it has nothing to do with them. At most, they will just follow the big cake to fall a little, and they will not keep falling, unless they are the kind of wild children that no one cares about.
Intraday pressure and support levels
BTC pressure level 61600/62200 support level 60200/59500
ETH pressure level 3380/3420 support level 3320/3280
At the same time, if 59500 falls below again, the market will continue to test the bottom position of 57400 below. You can pay attention to this change in the market!
Spot sector analysis and recommendation
Most of the cottages have rebounded more or less today. The FET recommended yesterday also has a 20% return. Just continue to hold it! At present, the strong sector in the market is still the AI sector. At the current position, you can choose to ambush the head warehouse. You can pay attention to the two sectors of AI and Depin.