OKEx Investment Research: ETH becomes the leader again and is expected to enjoy a higher premium
BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise
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BTC/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise
The screenshot is from the 2-hour chart of the OKEX BTC/USDT perpetual contract: For the market, there are two angles, 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 .
Judging from the current short-term trend structure, it is very similar to the trend structure on July 8, as mentioned in the evening commentary last night. There are signs of top divergence in the small-level chart, but it is not obvious. And because this time ETH took the lead in breaking through the consolidation zone of the past two months, which led to a greater increase in bullish sentiment in the market, it is not easy to blindly think that this trend will simply copy the trend structure of July 8 in the short term. That is to say, there is no rush to short, and the market outlook is cautiously bullish, and long orders can continue to be mainly held.
resistance and support
Next, you can pay attention to the first-line support of 9420 (replacing yesterday's 9300), which will be regarded as a new short-term strength and weakness dividing line. As long as the adjustment does not significantly fall below this price, it will be treated as a benign adjustment. The upper resistance focuses on the position around 9700. The probability of an effective breakout in the short term is still relatively small. Friends who intend to short can pay more attention to the obvious stagflation of the currency price when it is close to this price.
Support: 9420--9300--9100
ETH/USDT Perpetual Contract
The nature of each level: daily line - consolidation, 4 hours - consolidation, 1 hour - rise
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ETH/USDT Perpetual Contract
The screenshot is from the OKEX ETH/USDT perpetual contract 2-hour chart: the current objective trend and coping strategies: ETH’s trend has greatly exceeded expectations, and there is no problem with the direction judgment last night. midline resistance), but the actual price of the currency is as high as the 270 line. However, if we only set a stop loss but not a stop profit as we have always said, then it is possible to make money from this wave of unexpected gains.
resistance and support
Since the rise has greatly exceeded expectations, it should continue to take a look at it. Even with the effect of inertia, there is a high probability that it will rise again. It is recommended to pay attention to the 256 first-line support next, and regard this price as the short-term strength and weakness dividing line, and do not consider leaving or shorting the short-term if this price is not broken. Midline investors pay attention to 250, and don’t worry if they don’t break the 250 midline. For the time being, the upper resistance will focus on the high point of 288 line left in February this year. In the short term, it is not easy to effectively pass this price.
Support: 256--250--245
EOS/USDT Perpetual Contract
The nature of each level: daily line - falling, 4 hours - consolidation, 1 hour - rising
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EOS/USDT Perpetual Contract
The screenshot is from the 2-hour chart of OKEX EOS/USDT perpetual contract: the current objective trend and coping strategies: EOS is still in line with yesterday's prediction, the currency price continued to rebound and was blocked in the 2.64-2.7 area, but whether it has formed a top has not yet been verified.
resistance and support
From the perspective of volume-price coordination, the trading volume has increased significantly, but the price increase is limited, and it quickly stagnates. It shows that although the fire of sentiment has also burned to EOS, it is obviously suppressed by the sell-off, which is in line with expectations. trend status. It is recommended to focus on the 2.7 first-line resistance next. If it fails to break through for a long time, the probability of forming the top of the stage is very high.
Subjective expectation (for entertainment only): It is estimated that the currency price will form a short-term top near 2.7 and cause the price to fall back. If it is verified, focus on the effectiveness of the first-line support of 2.56, and do not make too many predictions for the time being. This paragraph is not intended as a trading strategy reference.
resistance and support
