Yesterday morning, although BTC fell all the way to above 34000 after being blocked at the resistance level of 36400 in early trading, as the trend pattern was a shrinking decline and did not touch the last bottom of 33300, the opening of a short-term rebound in the market outlook is also in line with expectations. Investors need to pay attention to that, although the trend has broken through the first-line resistance near 36450 last night, the bullish trading volume is significantly reduced when it rebounds again in the early morning. It is possible to determine that the current market rebound is not sustainable.

Up to now, the short-term trend is under pressure at the 38,000 resistance mark. If the volume breaks above, there is a high probability of directly testing 40,000. On the contrary, if it falls below the support near 36450, it can be determined to a certain extent that an effective rebound has not formed. The currency price may continue to test the 35,000 support. . Ouyi Investment Research believes that as the lows of the three bottom dips continue to move upwards, it is obvious that BTC has gradually become stronger. Therefore, it should still be based on the bullish general trend view, and pay attention to avoid sudden negative stimuli on the news side in the short term. The short pin can be used. Especially for contract traders, short-term trends do not have continuity. Therefore, it is recommended to move in and out quickly to avoid profit taking due to holding orders for too long.

After falling slightly below the support near 2630, ETH is currently regaining lost ground and is still supported by it. If it does not effectively break below this point in the day, the market outlook will likely continue to attack the 3000 mark. A break below the strong support near 2490 is a weak signal. UNI’s short-term support is located near 26.7. If it does not break, look up to the previous high of 30. If it breaks, you can continue to pay attention to the effectiveness of support near 23.5.

MATIC has entered sideways in the short-term, and is at the end of a convergence triangle. As the bottom of the callback continues to move upward, it will be a high probability event to test the $2 mark in the day. The second resistance can be concerned about 2.08, and the short-term support will focus on 1.85 for the time being.
According to data from CoinGecko, an international third-party statistical agency, the 24-hour contract transaction volume on the Ouyi OKEx platform is US$19.6 billion. Risk Warning: There are risks in entering the market, and investment needs to be cautious.

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Post time: Jun-01-2021