The morning market data has become a thing of the past. After a slow upward fluctuation of BTC in the early hours, it subsequently moved down slowly to around 110400. ETH, after rising to a high of 2734, also showed a downward fluctuation, with the overall trend similar to that of BTC.

#山寨行情即将到来吗
Overall, the market data indicates that it has once again entered a phase of oscillation and adjustment. Although it can produce a decent one-sided trend for a certain period, it cannot effectively break through the key points above and below, making it difficult to achieve stronger continuation. Currently, the market data shows strong resistance at 112000 above and strong support at 110000 below, making it quite challenging to break out of this range in the short term.
The continuous slow increase in volume on the hourly chart has led to a breakout below the lower bound of the price ratio, but it did not linger for too long and did not have the opportunity to continue breaking down. Accompanied by the contraction of the bag opening, the three lines tend to move in parallel, and the short-term trend of oscillation and adjustment is evident, but caution is still needed to guard against a one-sided market after a breakout.

In the afternoon, reference BTC around 110400 for long, looking at 111800; reference ETH around 2650 for long, looking at 2750. #Staked TRX ETF申请