Market Review Analysis

Yesterday, the big cake went directly to the 70,000 line, but the daily closing line did not stand firm at the 70,000 mark, so it is expected to continue to hit above 70,000 today. The upper range is currently unchanged at 70,000-72,000. The main barrier point is the 72,000 point breakout and is stable. Only by standing firm at this node can the upper space be opened to obtain a larger space value. The second cake touched the 3850 line again yesterday and stepped back. Yesterday, the second cake was weaker than the big cake. The second cake stepped back to the lowest support point of 3730, which was infinitely close to the support position of the 3720 line. Yesterday, the big cake rebounded strongly, and the second cake did not keep up. It was still digesting the previous wave of compensatory rises. So recently, let's see whether the rhythm of the second cake can keep up and stand firm at the 3850 line, thereby breaking the current market trend and standing firm at 3960 to get the latest new high position close to the 4200 point line. In terms of cottage games, the performance has been relatively outstanding recently, and the focus is still on YGG.

Today's highlights

BTC fell back to the 68600 level last night and has rebounded. The rebound of the daily line, the intraday support point first looks at the first line of 68600 position, and falls below the focus of attention 67800-68200 range. If it touches this position, it can rebound. In the case of rebound, pay attention to the resistance point 69200-69600 range. If it rebounds without touching the effective support position of the intraday level, it can first look at the 70000 point line of the four-hour level. If the four-hour level closes firmly at 70000, it can directly look at the position near the node 72000 points or a higher impact point in the next two days.

ETH has hit the resistance position of 3850 many times, and a double pin top has formed at the four-hour level to form a retracement, but the strength in the process of retracement is not very strong, and it has not fallen below the current support position, nor has it made a breakthrough at a low point. It has stabilized above 3720. At present, it is in a state of inserting pins at the four-hour level and has not closed yet. If the four-hour level closes above 3750, it will continue to hit the 3850-3900 range during the day. According to the trend of the four-hour level, as long as the position of 3850 is stabilized, the space value above can be opened. The first target position of 3900-3960 can be directly looked at. The second target position can focus on the 4030-4060 range.