20230107 Market Watch: Looking for Hope in Despair
This week's situation: (The market is risky, investment needs to be cautious, I am happy for you when you make money, and DYOR when you lose money)
Jiu Shen Index: 0.33 (below 0.45 is considered very suitable for fixed investment and inverted triangle investment)
Panic index: 29 (anything below 20 is considered very low, anything below 30 is considered low)
Suggestions for fixed investment: very suitable for fixed investment (fixed investment peanuts this week, all pie)
Suggestions for action next week:
1. Judging from the technical trend, the big brother and the second brother have been strong in the short term, and have been bullish for one hour, and are turning in the four hours. It is recommended that short sellers should not be anxious. The position of the second brother is at least above 1450, and shorting is below 1450. The strength is very weak, there is no need to take risks, but if you think that the daily line is going to reverse, I think it is difficult. #ETH #Web3