[Analysis of early trading on October 5th - 0.5 callback, or is it pointing to 0.66? 】
Macroscopic view:
The ADP data released was much lower than expected. Employment is not only a reference for the Federal Reserve to decide whether to raise interest rates, but also a sign of whether the U.S. economy will fall into recession. It has reference significance for Friday's non-agricultural payrolls. The positive news is gold and silver, but I really didn’t buy gold, but I did follow BTC because it was digital gold.
Technical aspect:
1. Yesterday I mentioned that those who did not receive long orders would withdraw their long positions of 2.7-2.72, and if the area fluctuated, they would find a new position to intervene in the long orders. If the bottom of the short-term structure rose, there would be an opportunity to enter the market. If the long orders were placed at 2.78, it would be A lightening target. What’s interesting is that Ethereum has barely risen. You have to be more cautious when playing copycats. The supplementary increase has not yet caught up with the correction, and the correction has followed quickly.
2. The positions are still the same. The ether is too weak and it is difficult for the copycat to be strong. The view is still the same as yesterday. The key support is 2.66-2.68. If it falls below, the target is 2.62-2.6. If it falls below, the market will end. It is expected that the positions below 2.5 will continue to enter the market with spot prices, and it will be strong if it stands above 2.78, looking for a new high target of 2.96. Find a position near the key position to intervene in the long and short positions. There are ways to break through, and there are reversal signals to intervene. You must read more in the early trading. Only when you have a clear idea do you know how to do it. Recently, everything has gone up, which may not necessarily mean that it is going up or down. The market may not necessarily be bearish. Short-term trading focuses more on intervention at key positions, rather than chasing ups and downs.
3. Ethereum has been relatively weak in the past two days, and the market has strengthened and stabilized. Ethereum is undoubtedly a better choice. Support 1630 1600 1580 1550 Pressure 1680 1720
Macroscopic view:
The ADP data released was much lower than expected. Employment is not only a reference for the Federal Reserve to decide whether to raise interest rates, but also a sign of whether the U.S. economy will fall into recession. It has reference significance for Friday's non-agricultural payrolls. The positive news is gold and silver, but I really didn’t buy gold, but I did follow BTC because it was digital gold.
Technical aspect:
1. Yesterday I mentioned that those who did not receive long orders would withdraw their long positions of 2.7-2.72, and if the area fluctuated, they would find a new position to intervene in the long orders. If the bottom of the short-term structure rose, there would be an opportunity to enter the market. If the long orders were placed at 2.78, it would be A lightening target. What’s interesting is that Ethereum has barely risen. You have to be more cautious when playing copycats. The supplementary increase has not yet caught up with the correction, and the correction has followed quickly.
2. The positions are still the same. The ether is too weak and it is difficult for the copycat to be strong. The view is still the same as yesterday. The key support is 2.66-2.68. If it falls below, the target is 2.62-2.6. If it falls below, the market will end. It is expected that the positions below 2.5 will continue to enter the market with spot prices, and it will be strong if it stands above 2.78, looking for a new high target of 2.96. Find a position near the key position to intervene in the long and short positions. There are ways to break through, and there are reversal signals to intervene. You must read more in the early trading. Only when you have a clear idea do you know how to do it. Recently, everything has gone up, which may not necessarily mean that it is going up or down. The market may not necessarily be bearish. Short-term trading focuses more on intervention at key positions, rather than chasing ups and downs.
3. Ethereum has been relatively weak in the past two days, and the market has strengthened and stabilized. Ethereum is undoubtedly a better choice. Support 1630 1600 1580 1550 Pressure 1680 1720
