Hello everyone, I am A Gan, today's market analysis
1: #BTC The big pie pulled back to around 96100 yesterday and started to rebound, rebounding to around 99000 by about 3 AM, an increase of nearly 3000 points. Currently, the upper pressure is 99000, with strong pressure at 10000. It's not so easy for the big pie to break through the strong pressure in the short term. Support is at 96000; if it pulls back here without breaking, we can continue to look upward. Currently, the trend of the big pie has a high probability of oscillating again in the range of 96000-99900.
2: #ETH The second pie also pulled back to the lowest point of 3421 yesterday but did not go lower. Yesterday afternoon, it pulled back again to test 3423 and then started to rebound, reaching a maximum of 3630, breaking through the recent key position of 3550, which means the upward channel has officially started. Last night, it rose to a small pressure near 3630 and pulled back, with effective pressure at 3720. If it breaks through, it can slowly approach above 3900 for the second pie. Suggested operation: if the second pie pulls back below 3570, you can decisively get in, with a stop loss set at 3500 and take profit looking at the first target of 3700 and the second target of 3900.
3: The US stock Nasdaq opened high and continued to rise, closing up 1.7%, gaining 340 points. The Nasdaq has fallen for four consecutive days, and only started to rebound last night.
The market is just encountering the weekend, and the US stock market is closed, so liquidity will be greatly reduced, leading to much smaller fluctuations in the market. Those trading short-term can take a break for two days before operating again.
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