How do we need to lay out the first level now?
The recent market is not a good one. Don’t be misled. This is not a bull market. Don’t buy heavily! ! ! ! Because now a pullback is inevitable.
Yesterday's CZ resignation incident caused the market to fall slightly, but it immediately came back today. Does this indirectly tell us that the market is not short of funds? Now, friends who can read the wires will know that the current trend is still healthy. , the weekly level closing line may complete the intra-week adjustment. The daily level divergence still exists, so if Bitcoin breaks through in the short term, it is likely to undergo a correction. After the divergence is adjusted, the possibility of an effective breakthrough will be higher. Continue to hold positions.
BTC Bitcoin Analysis
Bitcoin faces immediate resistance at $38,000, with the next hurdle at $38,700. On the downside, support is seen at $36,700 followed by $35,700.
Now be sure to pay attention to 35700. If the 4-hour level returns to this position again, then the short-term trend will continue to be destroyed, and the retracement will continue to test the bottom support. If the 4-hour level regains its position at 38,000, the market will continue to rise and challenge the strong resistance near 42,000.
Remember, don’t add positions until there is a breakthrough. The market consolidation cycle has been 9 working days and the market is facing changes.
ETH Ethereum Analysis
Anyone who pays attention to Ether knows that this year's Ether high has not had much market activity. Now if it cannot break through 2150, it will continue to fall again, possibly reaching around 1980. If it falls below 1980, you need to pay attention to your position.
The community is currently shipping:
L2 track ZK leader: zksync, backed by Little Fox: linea, infrastructure track: nxyz, Ai track: Gensyn, SocialFi track: enemy
Below I will introduce some projects in the primary market that I am personally optimistic about.
First:ZkSync
As one of the leaders in the field of Ethereum's second-layer expansion, ZkSync has broad market prospects and commercial value. ZkSync is the most optimistic L2 project of Ethereum founder V God. With the continuous growth and development of the Ethereum ecosystem, Zkync uses Zk technology as an L2 solution. The first point of Zk technology is that the technical difficulty is very high, and it has solved the problem. arb and op cannot solve technical problems, and they are also the most promising solutions for V God and the Ethereum team.
The four kings of L2 have reached the second place. They missed OP and ARB. They must not miss ZKS this time.
Second: Enemy
enemy has established a brand new social network confrontation system based on Web3. Different from the typical socialfi speculative thinking of buying stocks or keys and waiting for the rise, enemy requires participants not only to pay attention to the influential blue V idols they bid with BNB, but also to always be vigilant about the status of hostile influencers, which is a large degree to activate participants’ enthusiasm and attention.
Third: nxyz
nxyz belongs to the index protocol and data provider track. It is strictly needed for development and has great development prospects. nxyz aims to be a real-time, flexible blockchain data API with no speed limits, low latency, and multi-chain support. The nxyz team is strong, has worked together for many years, has successful entrepreneurial experience, and has obtained sufficient funds. Technically, nxyz’s lightning-fast blockchain API, built by the distributed systems engineers behind Google and Neeva, delivers real-time blockchain data in less than 200 milliseconds.
Fourth: Gensyn
Gensyn's core goal is to democratize AI through decentralization plans so that more people can participate in the innovation and application of AI technology. The core idea of the program is to utilize underutilized computing device resources to improve the efficiency and accuracy of AI models by building an open, decentralized verification system, and to provide more opportunities and possibilities for AI entrepreneurs. sex. It is an innovative and forward-looking plan that is expected to play an important role in the future AI field.
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