Analysis of CITY's market today:
The market is currently bullish in the past 1/2 hour. The immediate focus is the 4-hour long-short key price of 2.044, which is extremely important and will affect the long-short trend in the next 4 hours.
If the market can stabilize near 2.044, it indicates that the upward trend will start again within 4 hours, and the target can be seen near 2.088, 2.104 and 2.116. Short-term traders need to pay close attention to this long-short dividing point.
For long-term spot investors, it is recommended to pay attention to the order opportunities near 2.026, 1.998 and 1.977.
Whether it is contract trading or spot operation, whether it is long-term layout or short-term fast entry and exit, you should keenly capture the opportunity of callback decline to optimize the trading strategy.
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