Let's discuss the market. Last Friday and Saturday, our conversation revolved around whether it was a Rebound or a reversal, and I provided everyone with a 21-week moving average as a reference. Below the moving average indicates a Rebound, while above it indicates a reversal. Strictly speaking, it deviated slightly from the resistance line I mentioned, but the range I drew on the chart is roughly at the same position as the moving average, just touching the lower band of the range!

Then there is the issue of the support level provided by the oscillation being quite off, completely lacking any support as it went down. This is due to the expectations of interest rate hikes in Japan, as the market still has a memory of the situation from July 28 to August 5 of last year, when Japan hinted at interest rate hikes that caused the market to collapse, still fresh in memory. The impact of all news on the market is ever-changing!

Then let's go back to another post from Saturday. From the perspective of chip concentration in fun at that time, in fact, looking at it today should be more intuitive. The concentrated price of chips is slightly deviating from the market linkage. This trend is not just for him but also for some others with relatively high concentration. At this stage, this strategy is very suitable. Of course, I was liquidated after opening leverage earlier and then bought some spot again!

Then back to this, basically wrapping up last week's content, and as for how the market is this week, let me complete the missing information from the last two days today and talk about it!
#以太坊 #doge #Aster #BNB