1.22 Market Research Report $BTC $ETH $MANTA
The Federal Reserve has been shrinking its balance sheet for 10 consecutive months, and the total balance sheet has dropped to US$7.67 trillion.
A whale bought 8104 ETH last night and deposited it into Lido
Market analysis:
As mentioned yesterday in BTC, the market washout focuses on using time to kill and trading time for space. Generally speaking, the longer the sideways fluctuation, the narrower the volatility, the more thorough the washout, the greater the market outlook, so hold on to the spot. Just wait patiently.
As mentioned yesterday, ETH broke through the pressure level downwards and slowly moved upwards. Today's market trend will be similar to the pattern on the 20th, quickly suppressing downwards and then pulling up. The market trend of the technique is very technical and very irritating. 2434 is very easy to insert the pin up and down. Leverage operation is not recommended.
Today’s focus points
Upper pressure 41900-42600
Lower support 40900-40300
