2.1 Market Research Report $BTC $ETH $JUP

The Bitcoin halving time is expected to be April 2024, with less than 80 days left

Celsius once again transferred 67,500 ETH to Coinbase Prime in the past 2 days, equivalent to approximately US$156.5 million

Market analysis:

BTC's trend today fell below the previous low and is in a wash. So what should we retail investors do when we encounter this trend? 1. Pay close attention to subsequent trends. If the price does not continue to fall, it can be judged as a washout by the market makers, and there is no need to panic. 2. Generally speaking, no matter which direction the price breaks through, it must have momentum and energy, and quickly leave the breakthrough area. Such a breakthrough is a true breakthrough. 3. If the price breaks through a certain position and still stays near this position, then such a breakthrough is questionable. 4. Summary: Falling below the previous low is a washout behavior deliberately suppressed by market makers. We can strengthen our confidence in holding currency.

From the perspective of trading volume, ETH did not release a large amount of chips and stabilized during the day.

Operation strategy: Hold the spot firmly and have confidence; it is very easy to insert the pin up and down, and leverage operation is not recommended. Activist investors can find long targets at the 15-minute level.

Today’s focus points

Upper pressure 42600-42800

Lower support 41780-41440