The big pancake rose in the middle of the night and then retreated from the daily resistance, maintaining the support of the box and waiting for the rise.
Market Review
After rising in the middle of the night and breaking through the 26000 level, the big pancake once again retreated. The support below is still relatively strong, and the overall market trend is upward, which is not a problem. However, the current range is relatively small. After waiting for the market to bottom out and absorb funds, the current oscillating box can be opened, and subsequent breakthroughs can be made. Maintain the current market range, and after opening the range in the subsequent rise, continue with the long-term market trend. Just wait for the subsequent box to open!
The daily chart of the big pancake rose to the pressure of the MA20 in the middle of the night, and now it has retreated again. Currently, the short-term is also absorbing funds at the support below for an upward breakthrough. The attached chart indicators are also in an upward state. Therefore, for the subsequent market, it is still possible to continue to look for breakthroughs, which is not a problem. The short-term is currently bottoming out, so just wait for the bottoming out to be completed. The support below is unchanged at the 25600-25800 level. Buying on the dip can continue, and waiting for a breakthrough in the subsequent market. The upper resistance is at 26200-26400. After breaking through the upper resistance, continue to look upward. Maintain the range and wait for the box to open!
The Ether market also maintained a rebound at 1609 and reached a high of 1673 in the middle of the night. Yesterday, entering long positions at the support of 1610-1600 and targeting 1660-1670 above also successfully took profit. For friends who followed the market layout, everyone successfully grasped the market. Currently, the short-term has also retreated from the daily high. The intraday support below is at 1600-1610. The support below the retreat can still continue to buy long positions. The target for the upward breakthrough pressure in the subsequent market is at 1660-1670. Just wait for the box to open.
(Note: Due to the impact of timeliness, the article is recommended for reference only)
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