Bitcoin judged that the market is volatile. It is still oscillating within the structure and is still waiting for convergence. The current degree of convergence is still not enough. It is estimated that the market will converge this week. In addition, a downward relay structure is currently formed, so the subjective tendency of the market to break after the convergence is greater than It's broken, so be careful.
Resistance level【27700, 28500, 29150】
Support level [25800, 25200, 23900]
Ethereum mentioned yesterday that although it broke through the triangle, there was no large-volume breakthrough, and the volume was sluggish. It was not optimistic about breaking through the previous high, and then the price continued to fall. So now it continues to link up with Bitcoin to converge and fluctuate, and the subsequent changes in the market are also in the direction. Down.
Resistance level【1846, 1880, 1912】
Support level [1770, 1738, 1685]
The market is changing rapidly. If you make a profit, move the stop loss to the opening price in time. The point can only be used once. Do not open the same point again after being stopped. Do not place orders at high times. You must bring a stop loss. Stop the loss twice and close the position gradually. Open a position and gradually reduce the position. If others are greedy, I will be fearful. If others are fearful, I will be greedy. It is not recommended for novices to do futures contracts.
May 22, 2023
The above analysis is for reference only and does not constitute investment advice.
