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Rave dropped from 30 to 0.5 and then rose back to 1.8. You really shouldn't get too caught up in trading these kinds of tokens; even spot trading requires small position testing and trial and error.
✅️Market Review
The overall trend of the market is basically the same as described in yesterday's blog post, maintaining a range-bound oscillation pattern, with small intraday fluctuations.
Bitcoin's highest point yesterday was 76,558, the lowest was 73,724, with an intraday volatility of 3.84%.
Ethereum's highest point yesterday was 2,346, the lowest was 2,259, with an intraday volatility of 3.85%.
The gains of the two major coins are basically the same.
✅️Today’s Market Analysis
Currently, both Bitcoin and Ethereum prices are within a 4-hour support zone, around 75,000 for Bitcoin and around 2,300 for Ethereum. The intraday trend continues to oscillate, showing a sideways upward trend. On the hourly level, the bottoming price is gradually rising!
From the international situation, there are no significant negative or positive data at the moment. The additional factors are nothing more than ongoing wars or the release of related data. There is still hope for the market 🈶. At least Brother Yu feels this rebound is not over yet. The range of 77,000-80,000 still needs to be tested.
Intraday Resistance and Support
BTC 75,800/76,200/77,000
75,000/74,200/73,500
ETH 2,330/2,380/2,420
2,300/2,260/2,200
✅️Spot and Altcoins
Rave went from $30 to a rebound of 0.5, which is really surprising. I just checked the market again, and it’s starting to rebound. Currently at 1.8, the bottom has risen nearly three times, which is really exciting. Brothers, be cautious when trading contracts on this coin!
Talking about the World Cup, it’s really tough, but fortunately, this $Chz has also gone up. Currently at 0.047. Overall, the spot has gained about 40% profit. Hold on and wait.
Currently, Brother Yu’s holdings of altcoins:
CHZ PEPE PENDLE
Alpha coins
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