10.5 Nanxing Exclusive Analysis of Big Cake Yitai Analysis and Market Trends
The activity on the ETH chain has increased. Non-agricultural employment factors exceeded expectations, and the unemployment rate dropped to 4.1%, reducing the possibility of a sharp interest rate cut by the Federal Reserve! ETH 24-hour trading volume doubled. The circulating market value is 297.7 billion US dollars, and the market value share has increased by 1.49%
Review of the market
From the hourly line, the Bollinger track is gradually closing. There is pressure above the MACD. The shock market is not ruled out. The K-line bullish energy is still sufficient.
From the 4-hour line, the upper pressure is currently at the 62400 line!
Wait for a retracement and then connect with Duo.
Big Cake Suggestions
61400-61600 Duo single entry, target 62400-62800
Yita Suggestions
2370-2380 Duo single entry, target 2430-2460
