April 17, 2024

✅️Market Analysis

The market has been adjusted for 17 days. Gray April has lasted from the 1st to now. Perhaps it is true that the longer the adjustment, the higher it will fly in the future. This month, negative events have occurred one after another. The market did not fall because of negative news, but fell to wash the market. What you want to see and what you see are what the dog dealer deliberately lets you see! 60000-61000 here, the support is very strong. In the short term, the price relative to the bottom is also a pin-in behavior, and it will still be recovered to the top! The halving is coming, and the market should have a turnaround!

Daily pressure level of big cake 64200/64800/65500

Support level 63000/62400/61500

Second cake pressure level 3120/3200/3260

Support level 3080/3000/2900

Short-term market is mainly low and long, and pins can be connected to long.

✅️Spot market

This round of market has been in reflection. A callback is inevitable, but I did not lead everyone to reduce their positions at high positions in time, which needs to be reflected! Unexpectedly, the pullback of the cottage in this round was too strong. The big cake fell by a little more than 10%, but some cottages pulled back by 30/50%, which was too scary. From the previous market trends, the cottage should not have such a large degree of pullback! In fact, it can also be seen from this that the liquidity of the spot market is very poor, that is, there is not enough funds in the market, resulting in insufficient depth and volume of the entire market. In fact, in a bull market environment, no banker is willing to lower the price of their own projects. Only by shipping at a high level can the profit be maximized.

Today, the market has been adjusted for some time. In the short term, whether it is big cake or cottage, it is a relative bottom price. Even if the big cake is falling, the cottage will not fall like the previous wave.

Now there are two parts. The first part is the spot held before. Continue to hold it. Don’t worry about the trapped ones for the time being, and wait for the rebound.

The second part, we can withdraw part of the current liquidity in our hands to do the secondary, and there is hot money!

The most noteworthy sector at present is the fan sector

Atm Acm Psg Juv Asr, etc.

I have added some Ordi to the bottom-fishing currency. You can consider intervening in spot around 40!

Brothers, just wait patiently, and at the same time, you must improve your cognition and lessons from this experience!