BTC breaks through 35,000 again. In the short term, we need to pay attention to the linkage between trading volume and price.

Yesterday, BTC briefly stabilized around 34,400 before continuing to rebound and breaking through the more critical resistance of 35,000. The current resistance area is between 37,500 and 38,800. If it breaks through, it can directly move up to around 40,100. However, judging from the trading volume, the bulls are not strong, and there is still a chance that it will retreat below 35,000 again. Therefore, investors should continue to pay attention to the correlation between trading volume and price changes during the day. If the trading volume does not increase significantly, it is necessary to guard against short-term downside risks.

ETH broke through the previous high of 1475 in the early morning of the day, and has now reached a record high of 1570. Short-term support can focus on 1540 and 1510 respectively, and the medium-term support can observe the effectiveness of 1440 support. LTC rebounded from around 128 yesterday and is now blocked at 155. The second-line resistance can focus on around 165. Short-term support can be seen downward to 146, and medium-term support can temporarily focus on 142. DOT short-term support can focus on 15.75 and 14.73 respectively, and resistance is around 17.75 and 18.22 respectively. ATOM short-term support can focus on 8.7 and 7.9, and resistance should be around 9.3~9.6.

According to data from the international third-party statistics agency CoinGecko, the 24-hour contract trading volume on the OKEx platform was US$16.4 billion.