In yesterday's trend, the market of the second cake and the big cake pulled back one after another, and the altcoins as a whole crashed. For the overall trend this year, it is indeed the first time in the currency circle. Even if it is a fake bull, the altcoins will not fall like this. They just follow the decline but not the rise. When they fall, they release the flood. No matter how much the big cake and the second cake rise, the altcoins just move slowly, as if all the market makers of these altcoins are dead. On the contrary, the big cake and the second cake cannot fall. They really did not fall much from the high point to the low point. Multiple failures to rush up do not mean that they cannot rush up. Today's rebound is just the strong point of the altcoin rebound related to the second cake: LDO ENS, in the current market, everyone should stabilize their mentality first, don't think about cutting losses, and hope that everyone understands the reason for not cutting losses at the bottom. Although the market is not ideal, don't forget the trading rules. Many people in the market have already cut losses. We will not be that part of the people.
The closing line of BTC yesterday was not so ideal. It is still in the downward channel at the four-hour level. According to common sense, today's rebound is an oversold rebound, which is also a normal phenomenon. However, the resistance point of the day is 67600-68000. If this position is not broken through and stabilized, it will still be adjusted. The support point of the day level can first focus on the position near 64500. Look at the rebound resistance position first during the day. The first line of resistance should focus on the 66000-66500 range, and then look at the intraday resistance of 67600-68000.
ETH four-hour level more The second pin at 3360 forms a double-pin bottom rebound, which is a W rebound position, so we first look at the 3560 line to get the resistance position, and then look at the 3660-3700 range that we focused on last time. The resistance at this position is relatively heavy, so if you don’t stand firm, you will step back and explore again.
The cottage has no big rebound as a whole, which proves that there is still no volume. I don’t know what the market makers are doing, but it depends on whether the cottage can keep up with the increase in the evening. In this case, even if it is stable, it will not rebound and repair yesterday’s decline (except for some individual ones). Then the cottage will still not be strong and will be in a weak stage.
More market analysis trends, bull market spot planning, contract passwords, cooking ✌ simple, free sharing #ENSUSDT #LDO $BTC