Today's market analysis:
The pie is currently 39770, the upper resistance is 40800, and the 4-hour line has rebounded slightly at the bottom. The recent grayscale selling news has brought a series of panic to the market, but Brother Long reminds everyone that part of the reason why users sold GBTC is because The negative premium is close to 0, and the other part is that Grayscale’s management fee is the highest, so Grayscale sells only a small part to pay users, and when selling GBTC shares, it can only be sold in cash, not BTC. , so it brought a lot of selling pressure to the market. However, after the selling pressure, those who sold because of the high gray management fees will turn to other institutions to buy ETFs, so people only saw the preface and did not see Later, it caused panic in the market.
If the market does not rebound strongly, it will consolidate at 36,000-38,000 in the short term, with a maximum support of 32,000. The Auntai is currently at 2222, which is at the position of a small branch support. The next parallel strong branch support of the Auntai is at 2100. The Cancun upgrade cannot avoid the selling pressure caused by the market panic, but the Cancun plate is still worth ambushing at the moment.
Operation suggestions:
Flatbread: 40750 Kong, 41150 bamboo shoots,
Auntie: 2118 Duo, 2070 Zhi Bamboo.
Operation suggestions are for reference only and do not serve as any basis for investment.
