9.11 Market Analysis

#BTC Yesterday there was a decline, facing resistance at the pressure level of 117400, as I predicted, in the short term it cannot break through the resistance level.

In the imitation market, #MYX #M saw a significant drop yesterday, MYX fell by 20%, M fell by 11%. The analysis in yesterday's morning session reminded that short positions could be entered.

ALPHA's new contract remains active, STBL's lowest pullback was to 0.114, and it rose to 0.2978 yesterday, increasing by about 2 times; ASTER and AIA also had rebounds of more than 50 points. This shows that after ALPHA's new contract was launched, waiting for a pullback to buy low and taking a few dozen points of rebound is not a big issue.

In the secondary market, basically only ALPHA's new contract can be bought low for long positions, while other directions mainly follow the fluctuation and adjustment of Bitcoin, with very few opportunities for long positions. $MYX #M