Good afternoon everyone ﾉ☀, we continue to pay attention to the market trend:
Bitcoin's rise yesterday was intentional to lure more buyers. After reaching the high point of 58400, it did not stand firm and quickly fell back, and began to fluctuate. After a day of fluctuations, it began to accelerate in the early morning. It is currently as low as 54289. The hourly K-line is lower than the other, and there is a trend of continued extension. Some people say that the big cake has gone bearish, but I don't think so. After all, even in a bull market, it is impossible to keep rising. There will always be a correction in the middle. Otherwise, what are the dog dealers trying to do if they keep lifting the sedan chair for retail investors? The purpose of this wave of negative decline and market smashing should be to torture retail investors and then reduce leverage. The good news is still behind. After this wave of support testing, it will still rise. Don't worry if we don't make a profit in the spot. High-quality potential varieties will explode!
♦️Bitcoin: Currently, Bitcoin is under pressure at 58,000 and supported at around 53,000;
♦️Ethereum: Ethereum is linked to Bitcoin, and the low point fell to 2,822. Currently, the pressure is at 3,000 and the short-term support is around 2,800!
