Yiming's Trading Diary

All content in this article is personal opinion, for learning and communication only, not as a basis for investment. Any operation based on this carries its own risks.

Last night, after four hours of the life line on the station, the big cake came down after a brief stay, and most currencies showed the same linkage. It is a normal phenomenon for such a situation to occur in the market that has just been adjusted.

It is difficult to grasp the intraday short-term, but the monthly trend is still upward.

Although BTC and ETH both showed a four-hour bearish adjustment in the early morning, they did not break through the key positions below.

BTC: 59040

ETH: 2517

Currently, attention can be focused on these two points during the day. If the four-hour closing is above this level, there will be no new lows.

In addition, attention needs to be paid to the exchange rate, which has been relatively stable since the four-hour life line on the 28th. If the daily line above 0.04331 can be reached, the upward channel at the daily level will open, which is beneficial for altcoins.

The current market is somewhat similar to the darkness before dawn, and it is similar to the market around the end of August last year. The more the market sentiment drops to freezing point in the market downturn, the easier it is to produce a big market.

For custody consultation, find Brother Ming on WeChat Official Account. This article is original by Yiming. For more information, follow the WeChat Official Account "Yiming's Trading Diary" to view the latest cryptocurrency information for the first time.

Message: The meaning of life lies in expansion, not in sticking to the status quo.

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