Mainstream market analysis and market outlook strategy on May 9
BIK has been on the bearish side recently. There are several reasons. In fact, everyone must know that the first is the take-off of BR C20 and MEME coins. As of yesterday, the new project started to cut leeks with various MINTs, and the popularity reached its peak. , Regardless of the cost, BTC rushed in, which was a precursor to the peak. As expected, yesterday was the top of BRC, and all of them fell in response, and even some directly cut in half.
The 519 in 21 years was caused by the superposition of these two incidents, so after two years, it will be 519, will it happen again, probably not, the decline of 519 is mainly caused by the stampede and liquidation on the chain. Yes, there will basically not be a large number of serial liquidations, but there will definitely be some declines. At present, there should be a signal to stop the decline at the small level of the big pie. It has fallen for three consecutive days. It should hold at 27,000 on the lower edge of the right shoulder or rebound. It is possible. But even if it rebounds, don't call "the bull will return quickly", and consider whether to buy the bottom after the spot price is below 26,000.
BTC: It is now below the 60-day moving average, and the short-term trend is a broken position. There may be a slight rebound in the near future, but the height of the rebound is very limited! The height may be around 28200 or 28500; there is no need to panic, the callback is an opportunity! Strong support: around 26600; around 25200; short-term pressure: around 28200; around 28500; remember: don't get thrown off! btc Get our midline target and get off!
ETH: Now it is back above the 60-day moving average, and the trading pair shows: the short-term trend is stronger than Bit, and it is more resistant to falling! There may be a slight rebound during the day, but the rebound height is very limited! The height may be around 1890 or around 1914; strong support: around 1755; around 1710; remember: don't be thrown off the bus! If you have a plan, get the big trend target and get off!
In the end, there are still many things that have not been included, such as specific opportunities and specific decisions. These real-time things are often beyond the scope of an article.
The 519 in 21 years was caused by the superposition of these two incidents, so after two years, it will be 519, will it happen again, probably not, the decline of 519 is mainly caused by the stampede and liquidation on the chain. Yes, there will basically not be a large number of serial liquidations, but there will definitely be some declines. At present, there should be a signal to stop the decline at the small level of the big pie. It has fallen for three consecutive days. It should hold at 27,000 on the lower edge of the right shoulder or rebound. It is possible. But even if it rebounds, don't call "the bull will return quickly", and consider whether to buy the bottom after the spot price is below 26,000.
BTC: It is now below the 60-day moving average, and the short-term trend is a broken position. There may be a slight rebound in the near future, but the height of the rebound is very limited! The height may be around 28200 or 28500; there is no need to panic, the callback is an opportunity! Strong support: around 26600; around 25200; short-term pressure: around 28200; around 28500; remember: don't get thrown off! btc Get our midline target and get off!
ETH: Now it is back above the 60-day moving average, and the trading pair shows: the short-term trend is stronger than Bit, and it is more resistant to falling! There may be a slight rebound during the day, but the rebound height is very limited! The height may be around 1890 or around 1914; strong support: around 1755; around 1710; remember: don't be thrown off the bus! If you have a plan, get the big trend target and get off!
In the end, there are still many things that have not been included, such as specific opportunities and specific decisions. These real-time things are often beyond the scope of an article.
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