PEOPLE Daily Market Analysis

At present, the market is clearly on the long side at the 1-hour level, and is definitely on the short side at the 2/4-hour level.

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Whether the market can usher in another rebound depends on whether it can effectively stand near 0.07120, and this price point needs to be paid special attention to.

The expected retracement target of this wave of 4 hours is around the three prices of 0.06553, 0.06295, and 0.06098. If the callback does not break these three prices, there will be a long opportunity, and the target can be seen near the prices of 0.07383, 0.07667, and 0.07945.

Operational suggestions: Short-term operations require watching the market, and pending orders are prohibited. The long-term spot strategy remains unchanged, buy small when the price drops slightly, and buy large when the price drops sharply. We should seize the opportunity of the callback to make spot layouts. After all, the spot is beautiful, and the pattern needs to be opened, friends!

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