Good morning, brothers, Wednesday, August 28
1⃣, review of yesterday's market
The market did not go as expected, and entered a market oscillation period again!
Yesterday's big cake opened at 62834, the highest price was 63212, the lowest price was 58034, and the closing price was 59415, with an increase of -5.44% and an amplitude of 8.24%
Yesterday's second cake opened at 2680, the highest price was 2699, the lowest price was 2392, and the closing price was 2457, with an increase of -8.33% and an amplitude of 11.45%
The intraday amplitude is close to 10%, and the frequency of Ethereum's fluctuations is getting larger and larger!
2⃣, analysis of today's market
This morning, the market fell rapidly at 5 and 6 o'clock, and the long army was hit again. The long orders were constantly exploded, and the main force still wanted to wash the market many times!
At present, the market has entered a period of oscillation again, waiting for repair and adjustment!
Intraday pressure and support analysis
BTC pressure level 59800-60500-61200
Support level 58800-58000-57000
ETH pressure level 2480-2550-2650
Support level 2400-2300-2200
3⃣ Spot sector analysis and recommendation
At present, the spot market of the cottage industry cannot tolerate the pattern, and it can only eat a band and leave!
The frequency of Ethereum fluctuations is too large, and the cottage industry fluctuates up and down. Except for medium and long-term positions, the others are mainly based on bands!
You can pay attention to BSW today, and there may be good news in the afternoon!
Spot near 0.080/0.082
