Through the analysis of yesterday's market, I think the trend of the market is still very strong, and it is already at the upper edge of the flag pattern. There should have been a step back yesterday, but because of the rebound of the US stock market yesterday, I did not step back in place and went straight up. , and many copycats have begun to launch. As for the Federal Reserve interest rate decision on November 2, my personal opinion is that it will not be added.
Then let’s look at today’s market trend. Judging from today’s chart, it is a triangle shock, but the trend is still strong. After the shock is over, there should be another upward trend. Even if it goes back, it is recommended to go long near 33900. ETH is about the same as BTC, but it is not recommended to chase long immediately. Wait for it to step back and then chase or break through before entering the market. Then there are the suggestions for copycats. As I said before, the copycat season has begun. Everyone should try not to go short. If you still don’t know which coins to buy, you can read my recent article, which introduces several strong coins. species, with great development space and potential.