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Be cautious when trading with uncertain directions
比特财经阿杰
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Accurate market analysis for the midday trading on January 12! Operation suggestions!
1️⃣BTC is expected to fluctuate in the range of 95300-93800, and it is expected to fall again after rebounding! Upper pressure is 95300, and lower support is 92000~91600
2️⃣ETH is expected to fluctuate in the range of 3340-3220, with upper pressure around 3400 and lower support around 3200.
Yesterday, Saturday, there was no important news/data, only the market stock funds were playing games, and Saturday showed a fluctuating consolidation trend. Today is also presented with oscillating consolidation, up and down fluctuations,
3️⃣Focus on the following key time nodes! 1. New York inflation expectations data will be released at 12:00 midnight next Monday (0:00 on Tuesday),
2. US PPI data will be released at 21:30 next Tuesday
3. US CPI data will be released at 21:30 next Wednesday
All three data have potential negative tendencies, so we cannot have too high expectations for the height of the rebound today, and we must guard against the risk of downward movement during the night trading period!
The above market analysis and operation suggestions are for reference only! I hope it will be helpful to you!
Follow me, I have been focusing on crypto investment research for 10 years, and I often publish market analysis, the latest information in the currency circle, positive and negative news reminders, trading strategy sharing, wealth code recommendations, etc. in the square to escort your crypto investment journey!
Market analysis and operation suggestions! Is today's non-agricultural data bullish or bearish?
After three trading days of decline, Bitcoin shows signs of stopping its decline in the short term. From the 4-hour chart, BTC has strongly broken through the $96,000 level. If it fails to break through the upper resistance, there is a high probability that BTC will test the support of $91,000 again. I have emphasized many times before that BTC$91,000 is the watershed between bulls and bears. Once this line is strongly penetrated at the four-hour level, BTC will test the strength and weakness dividing line below $85,000. From the daily level, after BTC has strongly broken through $96,000, I personally think it will be difficult for it to strongly repair this line in the short term. This is because the bullish power of BTC has weakened, the buying power of the market has been greatly reduced, and the bearish sentiment in the market is very serious.
LTC, the market makers have been accumulating funds around 100. Other coins are falling hard, but LTC is not falling much. It will not miss any bull market. This wave, at least around 200-300 US dollars. Let me tell you, it is stable. Go with it, slowly, but you will not miss the surge in February. $LTC
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