万里-赵爷

BTC is currently in a healthy overall trend, oscillating at the top of the downward channel after the new high. After stabilizing at the bottom of 66,600 and hitting 69,500, pay attention to the callback. ETH still has the same attitude as before. It is difficult to maintain a short-term strength without narrative support. It is still optimistic in the long term. The increase in the daily level of the copycat is just at the starting point. It is not a bad thing to absorb funds for a long time. Hold the chips in your hands and wait for the flowers to bloom#币圈##区块链##eth#

I have been reminding that the market will continue to be weak.
BTC60800 rebounded structurally, but it is still very weak during the day. There is no short-term narrative in the market, and the mood has fallen. If we don’t hold the decline today, we will soon see the 5-digit pie.

There is no sector-level rising market in the cottage industry. Some projects that release immediate benefits will have a certain increase. The main force needs to absorb funds and allocate positions reasonably. You can watch more and do less for value currencies.

Boring market
The market has been fluctuating for a week, and the daily line has been rising and falling for two consecutive days. These rounds of fluctuations have been getting lower and lower, and today it is still in a downward trend

A small number of cottages have shown strong independent market conditions, but the market and the overall market have not yet recovered and stabilized. At this stage, the position should not exceed 30%

Today, the story of bottoming out continue#btceth Bitcoin Ethereum#

The market has no narrative. At present, the pressure from above is still relatively large. There is an incremental stage. It is unsustainable to have incremental growth without narrative. Once the incremental growth turns into outflow, the market will receive a big blow

The cottage industry has recently entered a weak stage due to the influence of the market. Pay attention to position management and reduce operations

Waiting for the retracement to get on board~

The biggest positive sentiment in the near future is the entry of Hong Kong ETFs. The Fed’s decision will be made in the early hours of Thursday. If it remains unchanged, it means that there is a greater hope for a rate cut next time, and market sentiment will recover quickly.

The copycat sector follows the mainstream correction. It is expected that the copycat sector will have a better market next month, so you can consider buying on dips

Everything was as expected. Yesterday afternoon, Bitcoin fell all the way and hit a new low, but Ethereum did not break a new low. Many altcoins were still more than 10 points away from the previous low. Although the overall trend is still downward, the halving is coming soon, and the divergence point of the market has been compressed to the extreme. The next step is to bet on various chips.

The pie market share has reached the highest point since April 21. Although there is a certain risk aversion in this round, this is one of the conditions for the main rise of each bull market, and I believe it will be ushered in soon. (within three months)
The production reduction improves the long-term supply and demand relationship, which is a long-term positive. The short-term impact on the market depends on how many miners are eliminated. Of course, the selling pressure generated will also be gradually absorbed by the high-quality miners who replace it, and a roller coaster market is likely to occur.
At present, ETH has entered the accumulation stage on the spot market; according to the previous data of the main accumulation traders, the main force at this position will create a 10% lower space to obtain chips;
The main force is currently controlling the trend of BTC, and then accumulating Ether; the market is currently rebounding to the 4-hour resistance level, and there will be larger selling orders in the spot market;
Now is the stage of buying fake spot goods. It is not recommended to use leverage. If you want to use leverage, you must make a quick decision. Next, you will enter the stage of buying Ether spot goods, and finally you will enter the stage of buying the big pie spot goods.

Comparison of altcoins in AI, MEME and other three sectors:
1️⃣
The AI ​​sector rebounded strongly as a whole.

2️⃣
WIF in the MEME sector rebounded the strongest, and RATS needed some stimulation.

3️⃣
Altcoins in the META sector generally fluctuated in a narrow range.

The price of Shanzhai fell too sharply, which shows that there is a serious lack of funds in the market. In this round of big rebound, funds are only buying BTC. Where can a bull market come from without funds? The bull market is still early.

ps: The interest rate cut is to save the market. The reason for saving the market is because the market has collapsed. When the market collapses, prices plummet. The interest rate cut is the effect, and the price drop is the cause. Therefore, interest rates will be cut only after the market crashes instead of cutting interest rates in advance to prevent a market crash. Recession is inevitable, because Silicon Valley Bank’s case is that it’s coming early.

Tomorrow the CPI data will be announced again. Regardless of whether the data is good or bad, it will always torture everyone, especially those who like to play with contracts. Including the explosion of Silicon Valley Bank, the market in the past few days has been like a roller coaster, which can turn V in an instant. When all the current thunders are over, the dawn will come. The more thunders there are, the more demand for a rebound the market will have; the Fed’s strong Raising interest rates has led to the collapse of major institutions. This is something we all don’t want to see. If we want to make changes, we can only slow down the rate hikes or not raise them. But it is impossible not to raise interest rates. After all, Lao Bao wants to control prices at normal levels this year. Within the level, so the risk and return will be directly proportional when there are more storms. This is also the charm of the market. The bigger the storm, the more expensive the fish. I believe everyone knows it🐟

Bitcoin has experienced too many things in one night. The thunderstorm at Silicon Valley Bank in the United States has directly affected the trend of the currency circle. The early morning drop is because the thunderstorm at SVB led to panic selling. Judging from the current market situation, the market has not yet completely There are no signals for digestion. This kind of force majeure risk background has led to panic selling behavior. There is no way to analyze it from the market. The support position we gave before around 22000-21500 fell below ruthlessly last night, so we will not make a detailed analysis because there is no way to analyze it. Meaningless.

There are no positive signals seen at the 4-hour level, and all that is left to the market seems to be negative factors. However, at this time, we must pay more attention to it. If the market improves, the copycats will rebound in retaliation. You must remember that when others are fearful, I am greedy, and when others are greedy, I am fearful.