Today's market analysis
The weekend market fluctuations began to gradually decrease. Last night, BTC reached the highest level of 63,400 above. This wave of rise is relatively strong. It can be seen that the 60,000 position is a concentrated area for everyone to buy chips. When the price reaches this position, it will trigger a large buy order. At present, BTC is fluctuating around 62,800, and the lower 62,000 is a small support for the day. From the 4-hour line, the current position is at the critical point of long and short. The rest of the time line shows a strong bullish form. The capital inflow will decrease on the weekend. It depends on whether the main force will use the new funds to manipulate the price. If it can be stepped back once, it will be beneficial to the overall market.
Intraday trading ideas
For the current market, my idea is to go long all the way, and I am bullish all the way. Even if it falls below 60,000, my idea is the same. Therefore, those who have not opened positions at low levels during the day can only wait for the market to pull back or further confirm the bullish trend before opening positions. You can place long orders at the 62,200 line below. If the market breaks through the 63,000 line again, you can chase the rise with a small position. If it stands firmly at the 63,800 line, you can increase your position to look at the high point of 64,500.
Spot sector analysis and recommendation
The sharp rise of the big cake has caused many cottages to start making markets. ENA and NEIRO, which were recommended yesterday, have good returns. ENA has a maximum increase of 30%. At the high level, I have notified half of the reduction. I will choose to reduce the remaining positions at 0.42. NEIRO also shared the position building. The position arrangement is not particularly large, but it has also gained 20%, and it has also reduced its holdings in batches. Other cottages also performed well, among which AXL, PHB, and BANANA have increased by more than 15%. As long as the price of Bitcoin does not drop too much during the weekend, these strong altcoins will basically see a wave of gains. As long as the market sentiment is stable, these project owners will basically find a market maker team to make the market.
Short-term spot focus: neiro, ena, io, axl
The medium and long-term timeline will not be announced for a long time, and it will be laid out in a small circle. There are very few that can be held now, and it seems redundant to release it. If you want to keep up with the medium and long-term layout, come to me directly. There is no long at present. Short-term contract spot will also be laid out at the same time!
