Fuxi Community Live: Long term adjustment is coming to an end, and the market has once again reached a new high!!!
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/9309732027 BTC: After reaching a new high of 124500, the market has been continuously declining and entering a long-term adjustment trend. Currently, there is no key point in the pullback trend that completely breaks the upward trend. From a long-term perspective, the market is still expected to maintain a strong upward trend and reach a new high in the future. With the release of unemployment rate and non farm payroll data this Friday, as well as the possibility of interest rate cuts, regardless of the perspective, the current trend of the market is still mainly focused on low and high. At present, the short-term pressure level above 108400 is 115500, which is an important support position at the bottom of the hourly level. If the heavy pressure on the 120000 market can stabilize above 120000, it can be considered a new high. ETH: After reaching a new high of 4960, Ethereum followed a long-term correction trend similar to the big pie, and did not show any particularly downward trend during the adjustment process, nor did it drop below the 4060 line level before breaking through. At present, Ethereum still maintains a bullish mindset, and the formation of a wedge-shaped structure during the callback adjustment process is also in line with the possibility of the bottom preparing to buy a new high after the current high on the right side has emerged. Ethereum is currently maintaining its upward trend, with bottom support at 4300, short-term pressure at 4470 above, and heavy pressure at 4650 above. Tencent Meeting Number: 930 973 2027 QQ group: 123116768 Join the Fuxi Community and enjoy a variety of service offerings 1. Conduct market analysis for daily open courses and develop plans for matching orders and solving problems. 2. Join the member group to enjoy live streaming with orders in the evening; Fixed weekly technical course content. 3. Multiple market analysis and strategic trading within the day. 4. "Price Behavior Trading", "Breakthrough ABC Trading Law", "Four Line Battle Method" 5. Use tactics such as "Gann's Angle of Power", "Fei's Wave Number Example", and "MACD" to deduce the future direction. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
