11.14 Market Analysis
After the big bull rush yesterday morning, the overall market began to fluctuate downward during the day, and there was no decent rebound on the whole. It dropped to the 36200 line this morning.
Ethernet's white market has continued to fluctuate in a range. Ethernet's late market hit the strong support of 2040 and then quickly rose to a maximum of around 2120, before falling again.
The market price of the big pie closed a negative line yesterday. After a surge yesterday morning, the overall market during the day began to fluctuate downwards and is undergoing a correction. From an hour's perspective, the big pie has a rebound movement. The subsidiary indicator began to shrink below the zero axis, and the oscillator rebounded significantly after being oversold today, but the overall trend is still bullish.
Looking at 4 hours, yesterday's market was also fierce in both long and short situations. The currency price moved directly from the middle and lower track range to near the lower track line. However, the overall price was still running in a wide range of shock. At present, the strength of the pushback is relatively strong. Large, both MACD double lines and KDJ three lines are running downwards, and the short energy column is also continuing to increase volume. As long as it does not fall below the shock range, there will still be a shock repair trend at the 4-hour level. Today's market trend still depends on the retracement, just keep the retracement and proceed with multiple ideas.
Big pie: more around 36400-36200, target 36700-37000.
Ethereum: More around 2045-2035, target 2075-2100.