Market analysis on May 26th, 2022
From the perspective of the 4-hour level of BTC, it is currently oscillating and running on the support of the triangular order, and the trading volume has doubled. Overall, there is no new low, but the altcoin part has hit a new low. From the perspective of volume and price, the probability of baiting here is currently compared. Great, those who increased their positions yesterday can consider continuing to hold them, and they can also buy some of them while they are watching.
The price of GMT fell all the way after the divergence on and off the market yesterday, and it is obvious that funds are constantly smashing the market. The big V of WEB2 is constantly entering the market, coupled with the profit-making effect of the BSC chain from half a month to four days, the mood has reached the extreme, it is very easy to form a panic attack, and even if the subsequent rebound is mainly bearish.
JASMY has also fallen back to around 0.11 with btc, and you can consider getting involved. This kind of altcoin is very volatile. Once there is an outbreak, its volatility will be more than 50%, and you can participate in small positions.
At present, the overall market is mainly rebounding. At present, the worry of funds is the interest rate hike of the Federal Reserve Eagle, and the first non-agricultural data is more critical, so you can operate wet storage.
The above analysis is for reference only, there are risks in the currency market, and investment should be cautious