In the live broadcast of Huiying Community: Is a new round of bear market launched? The Last Dance
Click on the link to enter the meeting: https://meeting.tencent.com/p/7592234196 After rebounding and rising on Monday and Tuesday, the market quickly entered a downward trend, with signs of a temporary peak in the daily structure, and the weekly consolidation gradually coming to an end. Currently, it seems more like the last stage of a downward trend to release emotions. From a rhythm perspective, the market is approaching a key support zone, and whether there is a stabilization signal will determine the way this cycle ends. In terms of Bitcoin, the upper selling pressure is concentrated in the range of 81500 to 82500, while the lower focus is on the support band of 78300 to 77100. Once 77100 is effectively breached, it is necessary to further observe the continuation of the 75000 line, which will become a short-term long short watershed. In terms of Ethereum, the upper pressure level is in the range of 2389-2409, and short-term small pressure is concentrated in the range of 2330-2370. The lower support is focused on the range of 2250-2210. If it continues to break, attention should be paid to the support feedback around 2170-2130. More importantly, the 2000 integer threshold, once breached, will significantly weaken the current bullish structure, and there is a possibility of further retreat to the 1800-1500 range in the future. Overall, the current period belongs to the overlapping interval between the late stage of emotional release and the critical stage of structure. Blindly chasing short positions is not advisable, and the focus should be on the response of key support areas. Once there is a stop down and resonance signal, it will be a more cost-effective window for participation. QQ group number: 1091387372 Click on the link to join the group chat: https://qm.qq.com/q/EMK8HDbup2 Safew Exclusive Customer Service: @ MY89088 Join the Huiying community and embark on a more efficient trading journey 1.15 professional analysts in the industry are in charge, with a super high winning rate and 70% commission rebate on handling fees 2. Live streaming all day, keeping up with the market pace, learning while watching, and quickly seizing market opportunities 3. Systematic technical teaching, from beginner to advanced, helps you establish a complete trading system faster 4. Deeply cooperate with multiple mainstream exchanges to obtain more exclusive resources and event benefits. 5. There are 2 community lottery activities per month, and participants can participate by making transactions and continue to enjoy additional surprise rewards 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.
