OKEx Investment Research: In this market situation, perhaps only technical analysis can give countermeasures
BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The screenshot is from the 1-hour chart of the OKEX BTC/USDT perpetual contract: For the market, there are two perspectives, one is the objective trend status and the coping strategies formulated according to the objective trend, and the other is the subjective prediction based on experience. Actual trading is mainly based on coping strategies under objective trends. Subjective forecasting is more of a prospect or entertainment for future development. It cannot be used directly as a trading strategy. The main purpose is to prepare psychologically for potential risks and opportunities in advance .
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BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
The current objective trend and coping strategies: The market still maintains a narrow range of fluctuations, without any intention of being "vigorous", but Dow is very in line with our expectations last night. The currency price stopped falling and rebounded after a slight drop to around 9100, and continued to trade 9100-9300 interval consolidation operation.
resistance and support
For the next market, our thinking is still the same. Because the key support of 8500 has not been broken in the middle line, it is still in the bullish pattern. Therefore, investors who mainly focus on mid-term operations can wait and see with medium and low positions and pay close attention to the 8500 line. Whether the support is broken or not is fine. Investors who are mainly engaged in short-term operations take low positions around (9000-9100)-9300 to sell high and buy low to deal with it, or wait and see, and wait for the market to go out of a clear direction again before considering operations.
Resistance: 9270--9400--9580
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
Support: 9000--8850--8500
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The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - consolidation
resistance and support
The screenshot is from the 1-hour chart of OKEX ETH/USDT perpetual contract: the current objective trend and coping strategies: Driven by the rapid rebound after BTC touched 9100, ETH did not break the short-term trend line support shown in the picture last night, but The rebound strength is relatively weaker than that of BTC. From the perspective of the overall structure, ETH is actually stronger than BTC. Why is it weak after this small rebound? We can find the answer from the figure, because ETH is very close to the 242 first-line resistance above. It is this resistance that has suppressed the confidence of many parties. , of course, the essential reason is that the willingness of many parties to take the initiative to do more is not strong.
Resistance: 242--246--250
EOS/USDT Perpetual Contract
The nature of each level: daily line - down, 4 hours - consolidation, 1 hour - down
Support: 231--224--217
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The nature of each level: daily line - down, 4 hours - consolidation, 1 hour - down
resistance and support
The screenshot is from the 1-hour chart of the OKEX EOS/USDT perpetual contract: the current objective trend and coping strategies: the current trend of EOS is basically in line with expectations, and indeed there are obvious signs of resistance at 2.57.
The resistance level is verified to be effective, so the probability of continuing downward will be greatly increased. However, the probability of unilateral downward movement is still very small, and the shock is still the main theme. Below, we still pay attention to the 2.42 first-line support. If the price shows signs of stopping (such as When the price falls to 2.42, or breaks down slightly, if the MACD indicator has an obvious bottom divergence at that time, there is a high probability that it will stop falling) you can consider taking a small position to game the short-term rebound market.
Subjective expectations (for entertainment only): Half of yesterday's expectations have been realized, and they have been blocked from 2.57 and have fallen back. The other half of the expectations that fell to 2.42 are expected to be realized today and tomorrow. This paragraph is not intended as a trading strategy reference.
