Review and analysis on 4.29th
1. The US stock SPX fell back and hit the pressure level, and gold fluctuated at a high level. BTC is decoupling, following the USD index
2. BTC fluctuates sideways during the day and 1-hour structural level. Look at Figure 1. The pressure above the daily line is around 30400 at C. If it breaks through here, it will look for new highs. The four-hour demand zone supports 27,500. The time node for changing the disk is between the 2nd and the 5th.
3. In terms of ETH exchange rate, Ether has begun to weaken again recently.
4. In addition to being so strong that copycats have already recovered their decline, copycats continue to be weak in volatile market conditions, which also shows that the game of existing funds on the market has not yet reached the point where tens of thousands of coins can fly together.
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