1. BTC BTC market trend is exactly the same as yesterday’s analysis. Under the pressure of long-term short positions, the short-term price is not supported by the g-line, which means that the short-term price has reached a new high and the probability of A trend is greatly reduced. In the future, the B trend will still be the main one. In the details A short position can be established at a high price during the ups and downs The judgment on the long-term trend remains unchanged, and the possibility of a new round of decline in the F area increases.
2. SPX The market situation of SPX is also developing according to the forecast. The S line is not enough to support a new price rebound, and the possibility of the A trend is greatly reduced. According to the trend B, there is a great chance of getting out of the C trend and forming the F area. If there is another rebound to confirm the pressure level before the C trend, it will be more conducive to establishing a short position
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