9.20 Nanxing Exclusive Analysis of Dabing Yitai Silk Road
Focus on the rebound of altcoins leading cryptocurrencies. Due to the increased risk appetite of various asset classes, cryptocurrencies have soared! At present, the comprehensive long-short ratio today is (0.83) with 63.25% of bulls leading!
As of the current early morning, the total contract position of Bitcoin is about 32 billion!
Looking back at the market, from the 4-hour line, the current short-term support below is at 62,400. Compared with the high, there must be a technical indicator correction after the new high, so just wait for the retracement during the day!
Dabing suggests
Enter the market at 62,500, target 63,200-63,400
Yitai suggests
Enter the market at 2410-2420, target 2460-2480
