cryptocurrencies basics- Top Overview

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Index level: this morning, the stock market opened sharply higher under the impetus of favorable after-hours policies yesterday, and then there was a phenomenon of high and low. Take the main board Shanghai Composite Index as an example, the vicinity of 3450 points is regarded as the key dividing line of short-term market strength. Fortunately, the Shanghai Composite Index successfully held the 3450 mark in the morning and resisted the short-term selling pressure. In the afternoon, the focus will turn to the market's upward attack, especially the deep retracement, which will have an adverse impact on market sentiment. As for the overall structure of each market, there is no obvious change at present, and the specific analysis will be carried out in detail in tonight's column.Observing the disk, it is considered that near the previous high point of 3500 points, the market encountered the pressure of unwinding and selling, which led to the high opening in early trading, but then there was a situation of low going. However, judging from the continuous increase of trading volume, despite the existence of selling pressure, the market is still strong. As long as the market can keep running above the 5-day moving average and the 10-day moving average, investors need not worry too much when the overall trend is improving. In addition, the market may oscillate around 3500 points, forming a central structure of the box.Analysis of market trend in the afternoon

Observing the disk, it is considered that near the previous high point of 3500 points, the market encountered the pressure of unwinding and selling, which led to the high opening in early trading, but then there was a situation of low going. However, judging from the continuous increase of trading volume, despite the existence of selling pressure, the market is still strong. As long as the market can keep running above the 5-day moving average and the 10-day moving average, investors need not worry too much when the overall trend is improving. In addition, the market may oscillate around 3500 points, forming a central structure of the box.Before, the layout rose very well in advance