Write a simple analysis of the recent trend

There are three trends in the pancake:
1. Horizontal box: continue to oscillate between 29500-31500
It is required that 29500 will not fall below, especially after 4-5 days, it will not fall below this point
Then it is likely to continue to oscillate horizontally and even break through the previous high
2. Spreading wedge chart: the key support below is around 29000
The key pressure above is 31800-32000, the wedge is probably from
It began to form at the end of June, and if it does not fall below 29,000, it is very likely that there will be a new high
3. The daily chart MA30 (close to 29000) fell below, that is, in the past few days,
Then it is likely to turn over the box, and the lower support is around 28400 and 27500. .
So, around 29000 and 29500 are two positions where you can do more.
If it falls below 29000, it is necessary to make orders with high-altitude thinking. .
Remember, it is a break. . .
The trend of Ethereum is not the same as that of the pie. .
The pie hit a new high of 31500, while Ethereum was much weaker, reaching a maximum of 1975
If the two currencies are to be synchronized, then it is likely that Ethereum will make up for it.
In fact, it can also be seen from the trend of the previous period that the pie was the first to go strong.
Ethereum went weak, and later Ethereum strengthened, and it may be the same in the later period. .
If the two points of 29000 and 29500 do not fall below,
Then it is very likely that Ethereum will make up for it. . .
Therefore, Ethereum should be as low as possible, and the key support is around 1800, the lower track of the daily Bollinger band.
Maybe pin 1780. . As long as the support range does not fall below. .
Then Ethereum is likely to have better gains. .
But if it falls below. . Then use the points in the previous post as a reference.
After that, as for how to go about Ethereum. . This is really more suspenseful. .
But if it rises, there may be a certain pause around 2140
Let's see the follow-up. . .
Summarize:
This wave of rise, regardless of Ethereum or the pie, has gone for more than 30 weeks. .
There are still about 1-2 months in the future, and it is likely to be a very volatile trend
Then after 1-2 months, there was the last sprint pull up, and then it started to go bearish
That is to say, after completing the current 5 waves of large level and 5 waves of small level, it starts to fall
Therefore, the next 1-2 months will be more uncomfortable. .
For the current market, you can refer to the reverse appearance of Zhou K from September 2022 to November 2022
It is a small shock, and then after inserting a needle, start the reverse market
Where does this needle go. . The big pie may be 33000-34000, and the Ethereum may be around 2200
How much is hard to say yet. . Look at the trend behind it. .
Generally speaking, the last 5 waves are the end of the market, and generally will not be pulled too high
So those who say that the pie is 35,000, or even 100,000 this year. . Please watch the big drop first
Life will be difficult for some time to come. . . Everyone is mentally prepared
personal key. Not investment advice. . for reference only
July 9, 2023