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✅️Market Review and Summary
The overall market trend is quite similar to expectations, still following the pattern of rebound and shorting, Bitcoin at 77,000 still can't hold, Ethereum is also about to break below 2100, heading towards the 2,000 range, and there’s a high probability of another big spike in the market, bulls are really struggling now!
Intraday resistance and support
BTC 77,000/77,800/78,500
76,200/75,800/75,000
ETH 2,140/2,200/2,250
2,080/2,040/2,000
Bearish thinking
✅️Secondary and Shitcoin
When the secondary market is deadlocked, there’s often some movement on the chain, pay more attention to key on-chain points
Especially those with storytelling hype, which can quickly rise, but don’t get too ambitious!
Spot altcoins can almost be ignored, there won’t be any significant market pattern for now, and I won’t recommend altcoins for the time being!