Today's market analysis
The market is still in a volatile range over the weekend. Although it tested the integer mark of 60,000 yesterday, it did not stand firm. According to the current situation, it should be a move to open contract positions. For tonight's market, we still pay attention to the flow of funds after the opening of the US stock market in the evening. After all, the market liquidity is insufficient now. Any disturbance will affect the trend of the overall market. The decline in the early morning is enough to prove that the current market sentiment is not stable. The key pressure point above is the integer mark of 60,000, and the lower position is still 58,000. Without the influence of news and data, the market will not fluctuate too much in the short term. Short-term contracts can also pay attention to the recently popular altcoins. I have a special trading method for this kind of currency. I will organize it and share it in the fan circle later. I am also familiar with the entire trading process, so the risk of blindly trading by yourself will be much lower!
Intraday pressure and support levels
BTC pressure level 58800/60000 support level 58000/57200
ETH pressure level 2640/2680 support level 2580/2550
Spot sector analysis and recommendation
As the market trading volume gradually decreases, the low-market-cap copycat trading methods active in the bear market have come out to harvest the market again. Many retail investors in the market have been harvested again, and they seem to have forgotten TRB at that time, haha. Of course, it is beneficial for the market to have such market makers come out to hype up the market and increase market trading volume at this time. After all, if you want to maintain the market's heat, you must have a narrative that can be hyped. The heat of this kind of narrative is expected to last about half a month. There should be many such tokens in the future. It is relatively easy to ambush in advance and catch a 50% increase. So we can also pay attention to the recent liquidity of these low-market-value tokens. Secondly, there is a great chance that a token like TRB will appear this time. Basically, every time there is a similar hype, there will be one or two monster coins, the kind that pulls the market silent. I will also focus on studying them. You can also leave me a message in the comment area about the tokens you think have opportunities, but the market value must be less than 30 million. If the market value is too high, it will not be able to be pulled halfway!
