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Hello everyone, I am Liyuan. I will be live streaming for everyone at exactly 7 pm tonight. Firstly, let's review last week's market performance. During the day, the hourly level fluctuated downwards. Before the opening of the US stock market, the short-term positive impact of CPI data led to an upward trend in prices. After the opening of the US stock market, it followed suit with a wave of upward movement and then began to fluctuate downwards, with specific rebound strength. We still need to continue to observe. Personally, I don't think the rebound will be too strong, and then we will continue to decline to around the 4-hour support level (107000) before rebounding. The daily chart is a small bearish candlestick with a short lower shadow, with less trading volume compared to the strong two days. Prices are rising, but trading volume is falling, which is not a good thing. The price is still running above the MA30 line, which is a slight upward trend. The next two days' trend is very important. If the bearish candlestick closes, MACD will show a weakening of upward momentum and an increase in downward momentum, and the K-line will form a double top trend, causing prices to further decline.
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Meeting number: 9031749175
Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
