Yesterday, Bitcoin fell first and then started to rise in the evening, which was in line with the expectation of rising. Today, the number of BTC positions in Germany was cleared, and the macro environment was improved again. The expectation of interest rate cut in September continued to increase, and the confidence of traders will gradually recover. It will continue to be bullish in the future. There is no need to worry about the short-term fluctuations in 5. The trend of Bitcoin is better than Bitcoin, and the callback is not large. The macro environment has improved. ETF has been postponed again, and the speculation expectation has increased. ETH may rise significantly in the future. It is still possible to consider building a collection and wait for the positive outbreak. The altcoin sector follows the mainstream and adjusts synchronously. Patiently wait for the mainstream to stabilize. You can consider following up on the altcoins under ETH.
Intraday market analysis: BTC 1-hour and 4-hour levels return to healthy levels, the daily level is lower than the healthy level, and the golden cross on the 4-hour axis is formed. It continues to be bullish, and the macro environment has improved. Good, the expectation of interest rate cut increases again, the negative fundamentals are being digested, the upper resistance of the day is 59000-59500, the lower support is 56500-57000, and the probability of rising today is higher
ETH1-hour and 4-hour levels return to healthy levels, the daily level is lower than the healthy level, the golden cross on the 4-hour axis is formed, and it continues to be bullish. The macro impact has improved, the chain continues to be sluggish, and the expectation of interest rate cuts has increased again. ETH can still be stored during the day for short-term gambling. The upper resistance of the day is 3300-3350, and the lower support of the day is 2990-3050. There are more chances of rising today, and it can still be stored, waiting for the subsequent market to start
If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, follow me, Junyangli publishes market analysis every day and recommends high-quality potential currencies.
