Good evening everyone, I am Xin Ya. Let's briefly review the weekend's market. We mentioned last Friday that over the weekend, it would either move sideways or rise quietly. Throughout the weekend, the main coin fluctuated between 77000 and 78300, consolidating even narrower than expected, until around three in the morning on Monday, when buying pressure tested upwards. By nine in the morning, it reached a high of 79500, after which buying momentum exhausted and the price went down, returning to the 77500 indecision zone. Everyone needs to pay special attention; the time for the sell-off started at one in the afternoon, which confirmed the market's trickery. The sell-off price was in the 78800 range. This was the position Xin Ya emphasized last Friday.

As for Ethereum over the weekend, it moved in a narrow range of 2300-2320, starting a buying test upwards on Sunday noon, and pressed upwards at 2335 and 2360. The intraday high reached around 2400 at noon. The former was also a key position emphasized by Xin Ya last Friday. It can be seen that the level of capturing indecision points is, well, not bad, right? Actually, there's no need for a review; it's obvious that the main coin is a bit hesitant, and Ethereum's movement lacks structural buildup, only forcibly squashing shorts for liquidation, showing a lack of market confidence, and the trend is merely at the end of a rebound.

The main coin is currently at the one-hour EMA 120 and 144, around 77500, and is expected to dip to test the four-hour EMA 120, around 75200. Ethereum has already broken below the one-hour EMA 120 and 144, at 2335. However, the four-hour EMA 120 and 144 is at 2280, which is likely to not hold, and the daily EMA 30 is at 2260. So the market might drop to 2260-2280 and then consolidate for a while. After that, whether it will slow grind down or rebound will depend on the market reaction at that time.

Recently, Ethereum's movements have been much stronger than the main coin's, and it's been consolidating for a long time, leading to a one-time liquidation. Many trapped longs may place their stop-loss at those important levels mentioned above, so it's reasonable to first hit their stops and then extend a bit. For now, the two coins are initially looking down at 75500 and 2238. The second segment will depend on the subsequent market reaction.

Synchronize operations, refer to the public account: Xin Ya Talks about Chan

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