The weekend market is mainly focused on short positions.

CN
8 hours ago

Today is May 24th, Sunday weekend market, and the fluctuations are naturally slower. Let's analyze the upcoming market. From the current trend, today's dark cloud cover has formed, indicating that a peak pattern has emerged. Coupled with the high MACD indicator, it is evident that the market is primarily in a bearish trend. Although the current position is slowly oscillating here, there is still some room for a rebound. We expect short positions at 109,700 and 109,900, which are our shorting levels.

The stop loss is set above 110,000, while the support levels we can see below are 106,100, which is the first support level, and 104,200, which is the second. We will respect the candlestick patterns in front of this main trend.

For the second coin, the current trend follows the same angle as the first coin. The temporary top has basically formed, and the golden pit's top arc has emerged. Clearly, a temporary top has also appeared. Yesterday's wave of decline has already formed, and it is currently oscillating in this area.

There is still a chance for further declines in the future. The first position is 2,586, and the second position is 2,629.

These positions can all be shorted. There is also an important resistance level to defend at 2,650, which serves as the ultimate rebound point for this entire wave of the market. Below, we need to pay attention to the range of 2,460-2,450.

The long positions are very clear throughout this range.

If you find it difficult to understand, you can follow the public account: KK Strategy

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