Good evening, brothers!
【Why is the growth of the ChiNext Index the strongest!】
Today, the market almost saw a broad rise, and there are probably very few who didn't make money; my account continues to hit new highs.
So, why is the growth of the ChiNext Index better than that of the Shanghai Composite Index and the Shenzhen Composite Index?
It's actually quite simple. From the trading congestion of the previous trading day, the trading congestion levels for the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index were 70, 56, and 50 respectively. Therefore, it's straightforward that funds chose to rise in the direction with less trading congestion.
As of the morning close, the trading congestion levels were 76, 72, and 68, with the ChiNext Index still having the relatively smallest trading congestion among the three major indices.
……
As the second-largest cryptocurrency by market capitalization, Ethereum (Ether) performed better than other major digital assets over the past weekend.
On Monday during the Asian trading session, its price rose by 2.9%, breaking through $4,300, reaching its highest level since December 2021. Over the past 7 days, Ethereum has accumulated a rise of over 20%. Meanwhile, Bitcoin's price also broke through $121,000 today, approaching its historical high.
Private group strategy perfectly profitable:
BTC: On the 4-hour level, the price remains near the upper Bollinger Band, showing a strong price trend. The short-term market is overbought, and caution is needed for a price correction.
On the daily level, the price continues to stay above the moving average support, showing a strong price trend.
In summary, support level at 120,800, resistance level at 121,300.
ETH: On the 4-hour level, the price continues to stay above the middle Bollinger Band, showing a strong price trend, with a support level at 4,220 and a resistance level at 4,240.
LTC: The price continues to stay above the middle Bollinger Band, with a healthy price trend, support level at 124, resistance level at 128.
BCH: The price continues to stay near the upper Bollinger Band, showing a strong price trend. The short-term market is strong, and a price correction is needed, with a support level at 580 and a resistance level at 600.
That's all for now, good night!
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