SEI's in-depth analysis of today's market:

The current 1-hour level clearly shows that the bulls are dominant, while the 2-hour level sends a yellow warning signal. At the 4-hour level, the market is clearly under the control of the bears.

Today's focus is on price changes around 0.3017.

In short-term operations, the rebound target is initially set at 0.3061, 0.3102 and 0.3141. If the rebound fails to break through any of the above levels, the market is expected to continue to develop in the bears.

In terms of the support level below, the first focus is on the three key price points of 0.2933, 0.2868 and 0.2799.

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For spot investors, there is no need to worry too much about the current short-term fluctuations in the market, because in the long run, the spot market will eventually show its positive side.

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