1.21 Market Research Report $BTC $ETH $MOB
Bitcoin ETF’s total assets under management exceed US$29 billion
Affected by the decline in currency prices, Ethereum Layer 2 TVL decreased by 3.8% in the past 7 days
Market analysis:
The BTC market is undergoing a washout over the weekend, and the focus is on using time to kill it, exchanging time for space. Generally speaking, the longer the sideways fluctuation, the narrower the volatility, the more thorough the washout, and the greater the market outlook, so hold on to the spot and wait patiently. Can.
As mentioned yesterday, ETH broke through the pressure level downwards and slowly moved upwards. On the 17th, it used the upward pulling method. On the morning of the 19th, it used the downward suppressing method. The market trend is very technical and very annoying. It is extremely Easy to insert the pin up and down, lever operation is not recommended.
Today’s focus points
Upper pressure 41900-42600
Lower support 40900-40300