Hot Spot in Spot Market

 
SATS is currently running in a bullish channel and can be bought and held appropriately.

Market Analysis

After the big cake finished the week, it rebounded close to 3000 points, showing a strong trend. However, it can be seen from the range that although an effective rebound has occurred, there has been no breakthrough in the bearish channel. In the layout, attention should still be paid to the high-risk area at the top. The support visible at the bottom is at 55858. The upper pressure range is around 59500. The overall arrangement still shows a large washing and structuring. Intraday attention should be paid to whether a breakthrough is quickly made or whether it continues downward along the channel. The main reference is for precise entry and exit timing, pay attention to the QR code below to join the group!

BTC Resistance: 59600

BTC Support: 55900-52600 

For Ethereum, the overall trend chart has not been significantly modified, only the trend layout signal at the high point above has been specifically marked. Compared to the big cake, the overall trend of Ethereum is still relatively weak. It has broken through the bearish channel on the four-hour chart and is currently in the range of 2310-2485, which needs to be closely watched. It can be operated with a focus on shorting at high levels and longing at low levels. From the perspective of the market's own indicators, although the short-term MA has shown a golden cross on the hourly level, it has not been sustained, so attention should still be paid to the possibility of a major crash ⚠️. Remember to pay attention to the risks and be prepared to defend!

ETH Resistance: 2408-2485

ETH Support: 2319-2241

Key Data and News Analysis in the Coin Circle

Personal Introduction

Graduated from the Finance Department of Nanjing University, formerly worked as a risk management expert at Shanghai Yimeng Securities and a private wealth advisor.

First invested in BTC in 2015, and has been focusing on the coin circle for nine years, experiencing multiple bull and bear markets.

Integrates profound financial expertise and sufficient industry experience into practical trading.

Helps students quickly master trading skills and improve their trading systems.

Trading style: Skilled at building structured thinking, created financial trading courses such as Naked K Warfare, etc.

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