Market Analysis on May 24th, 2022

BTC said yesterday that it has reached the end of the triangular order. There is a high probability of a strong rebound. Now it has returned to the support of the triangular order. Whether it is to increase the position of ETH BTC or other value coins or altcoins, it can be considered.

Compared with BTC, ETH has not yet reached the support but it is relatively close, and you can also consider adding a part of the position. On the whole, the current four-hour level is already a breakthrough and a step back, and the overall pressure on the upper platform of 2500 can be seen.

The Jasmy Sony investment project will have a strong rebound every time it falls near 0.01. At present, the overall market needs a strong rebound. At the four-hour level, it is obvious that funds have intervened, and the arc top has been reached three times, and the funds are very strong. The current increase is not high, you can properly intervene in part.

The overall market is only in a rebound market, and has not formed a reversal. Judging from the data in the first half of the year, it is difficult to have a bull market opportunity, and it is more necessary to take profit on rallies.

Risk warning

The above analysis is for reference only, there are risks in the currency market, and investment should be cautious.