[January 29 Market Research Report]
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Macro market:
Pay attention to the opening time of the US market. The selling pressure of GBTC began to decrease last week. Whether the selling pressure on Monday will continue to decrease or increase is worth more attention. The capital inflows of USDT and USDC have been good in the past two days. 3.85 is where the entrants are.
The S&P SPX500 continues to fluctuate at a high level, and a new high has appeared as expected. There is no weakness in the 4H. The gold retracement structural position 2035 is still valid for many times. Continue to view the 1988 support based on the 4H wedge structure adjustment structural position that cannot be closed. The viewpoint of the US dollar index remains unchanged. If 103 is not broken, it can only be regarded as an adjustment, not a callback.
crypto market:
1. Regarding the big cake, I mentioned the weekend, mainly the US trading market, the trading volume has shrunk, combined with the liquidation chart, the dead body position of 4.26, and yesterday I emphasized again that it is a place where corpses can be picked up. A few days ago, our target was the position of 4.28, which was exactly the same yesterday. The corresponding Ethereum 2300 is a callback idea, which started on the 27th. #NFP #MAP #SSV #BNB🔥 The recent mountain settlement plan squares have all been reviewed.
2. The BTC weekly line closes within the range, and the daily line closes with a cross line. Coincidentally, it is suppressed by the EMA25 line again, and it is a variable K line at the critical position. If the rebound is expected to be extended, it means that the breakthrough of 4.28 is considered bullish. If a change is expected, it will fall below 4.09 and a new low will appear to end the rebound.
Therefore, before the opening of the US market, we can do the 4.13-4.28 range shock idea to play, whoever is strong will follow.
Support: 4.05 3.95 3.85
Pressure: 4.28 4.37 4.5
3. Ethereum has reached the retracement target since 2300, and later pay attention to the trend line to intervene again.
Support 2237 2210 2150
Pressure 2300 2350
