In review of the market

吴吴明
1 min readMar 31, 2021

the mainstream took a 12-hour rebound after the upsurge prompted the release of the risk. This was in line with expectations. The grapefruit rose by more than 20 points a week, and the btc weekly defeated the 58500 area. The strength was still beyond expectations. ETH, 4 hours The high pressure level on the left side of 1860 has not yet gone out of the big triangle for finishing. It is still in the high level box with shocks. This fluctuation of 10% up and down is normal.
Today’s point of view, the moving average system, the short-term trend line supports the 56,000 area. In the short-term, we will pay attention to whether there is a stepping back on the average line. The mid-term trend line is 55,000. The one-month cost line continues to move up. The trend in the past month has been relatively volatile and far away from the cost line. It’s not safe. The 4-hour cabinet is between 55,000 and 60,000. For the time being, the high level will continue. The hourly level trend has moved up by two consolidations. If the upward rush is close to 60,000, there will be another cathartic emotion. This round of 6W mark sprint needs to be hit again. A question mark, the third paragraph is already in the upward divergence, it is difficult to have momentum, and the operation is recommended to be at the 4-hour level. It is better to sell first and then consider covering.

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吴吴明
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从事多年金融分析,具有深厚的技术分析功底和独特的交易理念