US Senator Cynthia Lummis posted on the X platform that Bitcoin and digital assets are the future. The main agenda includes: banning the retail of central bank digital currencies; clearly protecting self-hosted Bitcoin wallets; restoring the dominance of the US dollar in the 21st century.
BTC: From the daily line, this time it started to decline from 72, and the overall K-line went down along the daily 7-day moving average, occasionally rebounding to the 14-day moving average. In the previous two days, it hit the 14-day moving average of the daily line and fell back to the 7-day moving average. This morning, it broke through the 7-day line and hit the high in the evening. It closed at 58. In the evening, the big cake is expected to hit the daily 14-day moving average near 58600! In terms of operation, keep a high-level bearish mindset, pay attention to the upper pressure range of 58600-59100, and the lower support range of 56500-56000. There was no big market on Friday, and there was basically no big fluctuation on Saturday. The big market may start in the early morning of Sunday! In terms of operation, it is recommended to wait and see if there is a good point to avoid holding positions for too long!
ETH: Ether is affected by the launch of spot ETF this month. Compared with Bitcoin, this pullback is relatively resistant to declines! Pay attention to the support below 3075-3040 in the evening, and the upper pressure is in the range of 3160-3200.
SATS: The current bearish signal is not clear, and the upper locked-in pressure is around 25. Wait for the 4-hour line to give a better signal to be bearish before doing it!
