Market Analysis on December 31, 2021

BTC

Today is the delivery day, and many people are worried about the decline in the market, because the perineum drops after the usual delivery. Many people are still cautious. The market will be similar, but not exactly the same. There may be another wave of rebound in January, take it when it looks good.

Okt’s adjustment is basically in place, and it is currently at the end of the triangle arrangement. You can consider buy part first, and then buy more after the breakthrough, or you can also consider waiting for the breakthrough before entering the market to prevent the breakthrough here from failing.

Sand was said that whether it is strong or not, depends on whether it can stand firmly at 6U, and it is currently near 6U. If it stand firm, you can consider buy it and look at the new high. Gamefi including mbox, mana, imx, and gala are all like this. Currently, they have fallen to support, The chance of rising is higher than the chance of falling.

Rose — the public chain token is currently almost launch the first dex, and it is also rising against the trend in the process of BTC’s continuous shock and decline. It has fallen to the daily support and can be slowly buy in. After new high, you can consider reducing your position or band take profit.

Risk warning

The above analysis is for reference only. There are risks in the currency market, and investment needs to be cautious.