5.08    FTX is about to sell goods to compensate the market, and the market sentiment is in a panic

FTX creditors will receive 142%-118% compensation. The cryptocurrency exchange FTX has accumulated billions of dollars in funds, which exceeds the needs of customers who lost money in its November 2022 closure, allowing them to receive full compensation after the company goes bankrupt. The additional cash will be used to pay interest to the company's more than 2 million customers. According to the company's statement, once the sale of all assets is completed, the company will have up to $16.3 billion in cash available for distribution. It owes customers and other non-government creditors about $11 billion.

The recent market decline also needs to be considered as the factor that FTX is about to sell chips. As FTX enters the final stage, the price of FTT tokens is also slowly climbing. Pay attention to the new round of hype sentiment for FTT.

The intraday chip distribution is not balanced, the upper pressure is heavier in the short term, and the difficulty of Bitcoin's upward movement is aggravated. The focus of this round of Bitcoin is to swing back and forth between 60,000 and 65,000. Pay attention to the large-scale high-altitude low-multiple.

Daily level market

- ​​Daily level upward trend, middle rail support near 62200, the market weakened after breaking, bottom support near 60600, upper pressure near 64000.

4-hour level market

-4-hour level large-scale slow rise and shock trend, temporarily weakening, upper pressure near 62800, bottom support near 60500.

Intraday level analysis

----Bitcoin fell during the day, came to the key support near 62200, temporarily observe whether the small-level support is effective, the upper Bitcoin pressure is near 63000, the day is temporarily short, 62000-62600 is the long and short competition point, if it falls, the market will be dangerous, and there is still pressure above after rising. Bitcoin's large level 60000--65000 is mainly back and forth, just pay attention to the risk.

The market has changed very quickly recently. If you want to adjust your position or don't understand the trend, you are welcome to communicate and learn. If you want to follow, please leave a message in the comment area. #BTC走势分析 #以太坊ETF批准预期