#村长说10.24 market analysis, this week’s highlights and today’s highlights

Preface

MicroStrategy finally recovered its capital, with a floating profit of approximately US$206 million. Michael Saylor, founder of MicroStrategy (MSTR), said: The company holds 158,245 pie. Since MSTR began to invest in the pie, the pie has increased by 152%, MSTR stock has increased by 154%, and the Nasdaq index has increased by 22%. The pie outperforms other underlying assets, justifying its overall investment.

Market review

Yesterday, the market broke the previous high, reaching around 31840. It turned from bear to bull in just 4 days. I can only say that I was slow to react. The copycat season is here as scheduled. Now many people are still in a state of confusion. There is no Enter the market. The main reason for this rise is that the spot market ETF may pass in the near future. This expected value is also the main reason. In addition, the lack of a decent wave of rise this year is also the main reason. Friends who are not on the ride now can wait for the first wave of correction to get on the ride~~

Today’s highlights and this week’s retracement will lead to long positions.

Look for some small coins to pull back and go long. The big market has broken a new high. The market should be bullish, but the external environment is still not good at the moment. After the new high, wait for the first wave of callbacks to go long. 32200-32600 is the pressure level. Let’s see what the capital market will choose. It all has to do with whether the sec approves the spot market ETF. If it is approved next week or the next week, the market will continue. Otherwise, we must be careful about taking orders at high prices. After breaking through 30,000, the support below reached the 31,000 line.

The second pie has also exceeded 1700 and has stabilized. Now we will look at the market to make up for the increase. The major support points on the intraday level are mainly around 1660-1700, and the first target resistance point above focuses on the 1740 range. The article contains personal opinions and does not constitute investment advice.