The market was very stable yesterday, but around 6 am this morning, the bulls suddenly exerted force, directly pushing up to around 28,000. This was followed by a round of oscillating operation with an average value of 27,900. The current price is 28,000.
Analysis of the hourly chart of the "big pie" indicates that the daily market of the "big pie" yesterday was oscillating. It converged at the support level of 26,700 at the bottom. From the attached image below, it is clear that the market had entered a weak zone and rebounded weakly on the previous trading day. Currently, it is still operating in a weak zone, indicating that there is still room for adjustment in the short term. In the short term, we will focus on the support level of 26,700, and continue with a cautious long strategy in our operations.
"Big pie" strategy: Near 27,900, target 28,400
Ether strategy: Near 1,720, target 1,770
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