#IO $IO IO Daily Market Analysis

At present, the 1-hour level clearly shows that the short side has the upper hand, while the 2/4-hour level has a purple signal point, indicating the possibility of a callback. Therefore, we should not rush to make long operations.

Whether it can usher in another rebound depends on whether the market can effectively stand firm near 2.739, and this price point will become our focus.

For this 4-hour decline, we expect its target to be around the three price ranges of 2.654, 2.498 and 2.327. If these three prices are not broken during the callback, there will be a long order opportunity, and the target can be set near the three price ranges of 2.888, 3.041 and 3.159.

For short-term operations, it is recommended to keep a close eye on the market and avoid pending orders. As for the long-term spot strategy, we remain unchanged, that is, buy in moderation when there is a small drop, and increase the buying power when there is a big drop. Take advantage of the opportunity of the callback to make a layout, and I believe that the spot market will eventually show its bright prospects. Friends, let's open up the situation and embrace opportunities!

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The long-short dividing line allows you to judge the direction, and the resistance and pressure levels are for you to judge the reduction of positions and moving profit-taking. Those who can give you a one-sided market probably have relatives in Wall Street. Pay attention to the market to make orders (BTC ETH). Software is dead, but people are flexible.

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