Thursday, May 9, 2024

✅️Yesterday's market review

The market is as usual, with a volatile trend. Brother Yu has mentioned many times in previous blog posts that there will not be particularly extreme market conditions in the near future. It will go up and down, down and up, and continue to wear people's patience at 60000/63000. Yesterday, the opening price of BTC was 62312, the highest was 63020, the lowest was 60888, and the closing price was 61193, with an increase of -1.8% and an amplitude of 3.42%; the opening price of ETH was 3005, the highest was 3038, the lowest was 2936, and the closing price was 2974, with an increase of -1.05% and an amplitude of 3.38%.

✅️Today's market analysis

Brother Yu believes that the market is currently in a stage of oscillating bottoming. In another three or four days, the oscillating market should be almost over. The market should be sunny next week. If there are no unexpected negative factors, the market should be collectively upward next week.

Intraday market analysis

BTC pressure 61800/62400/63000

Support 61000/60400/60000

ETH pressure 3030/3100/3150

Support 2980/2950/2900

✅️Spot sector

When the market is not good, there are more opportunities in the primary market. In the past two days, Brother Yu also rushed a few local dogs and made a small profit. If there are good local dogs later, I will share them as soon as possible. The secondary market is not good, find something else to do [haha]

Don’t worry too much about the spot here. The bull market environment has not ended. The first part of the position continues to remain unchanged, and the second part is floating funds. There is an opportunity to go long today. I will give the strategy in time in the group

Today ❤️499 Tiantuan❤️ code

WLD 5.45 spot (last 6.5 prompt to stop profit)

Shundan 5 spot