The recent market performance is not satisfactory, but yesterday the market experienced a memory awakening, which gave people a glimmer of hope. Today is theoretically the time for the pull-up to close, but the specific landing point is difficult to grasp. We need to wait until tomorrow's monthly and quarterly lines close before conducting a detailed analysis.
Judging from the current situation, the shape of the four-hour chart is almost exactly the same as the memory awakening path, even the time points are similar. However, the current result is contrary to expectations, but this upward action is a bit too early, and it is estimated that there will be some fluctuations during the day.
Of course, there are also ways to recall memories on the 12-hour chart. One of them is the "3 Yin for 1 Yang" mentioned in yesterday's article, and the other is a Yang line followed by a doji. Logically speaking, there is nothing wrong with putting today's upward rush in the previous yellow circle. It's just a choice.
Today's focus is on where we can close the market, which is related to the strength of the monthly and quarterly lines and the speed of the subsequent progress. From the perspective of the daily line, the daily line shows a large green channel as a whole, which can be divided into three small blue channels in detail. It is currently in the second channel. To enter the third channel, it is necessary to break through the key resistance level of 33400. According to the historical gameplay in the past, every time it reaches the upper track of a channel or the lower track of the next channel, it usually exceeds it. Combined with the 28-month line at the monthly level, the resistance level is between 33400-35100. If this resistance can be broken, it will be a very good signal. If it cannot be broken, it will need to be analyzed step by step in July.
We will not elaborate on other aspects for the time being, and we need to wait until the end before observing.
In terms of operation, just keep the previous strategy, with the previous operation strategy attached (in terms of operation, the previous long orders continue to be held, and short orders above 29,000 need to be aware that if the market is delayed, the safety of short orders at this position will decrease, so be mentally prepared. As for how to deal with it, it depends on your own risk preference and plan execution. As the market monthly and quarterly lines are about to close, and the trend of Ethereum is erratic, these few days may not be suitable for short-term operations. If you want to operate, you will mostly respond to changes on the spot. You can pay more attention to the community. As for spot, it is still the old saying, patience.)
The purpose of this article is to guide readers' attitudes and strategies towards investment through observation and analysis of the market situation, but it does not represent the views of any specific company or model. We encourage readers to make investment decisions based on their own circumstances and risk tolerance, and pay attention to risk control. Investment is risky, so be cautious when entering the market. #BinanceTournament #合约锦标赛 #feedfeverchallenge #BRC20 #pepe