In the afternoon, the price ratio fluctuated in a narrow range. We have both long and short positions, mainly short-term. The news of the evening affected the price ratio to pull down. In order to avoid risks, we had already left the market before the news came. Previously, the news fluctuated around 200 points. Today, it seems a little different, with a fluctuation of more than 400 points. At present, the price ratio has stabilized.
From the current market, the bullish trend on the four-hour chart has not really changed. Yesterday, the price ratio bottomed out and rebounded. Today, it slightly broke through the high point in the morning and showed an upward trend. According to the trend of the past two days, the overall situation is in a state of oscillation and upward. As for whether it can quickly break through and test the high of 60,000, we will wait and see. The current market rhythm is a volatile trend. The rise in the morning makes 57,000 points a key support level. If it continues to rise, it only takes a slight correction to consider the layout of long orders. As for ether, the volatility performance in the past half month has been relatively weak, and the trend is stalemate. It is recommended to continue to wait and see and follow the trend of the big cake.