[2024.8.5 Bitcoin and Ethereum intraday market analysis]

Brothers, BBQ, the market plummeted at the beginning of Monday, and the Bitcoin spot at 5.45 was also bought when I woke up. Now I have the spot at 6.05-5.7-5.45. 5.7 was bought when the market plummeted last month. This wave actually bought 2 batches of Bitcoin spot. The two positions of 4.88-4.5 will continue to be listed in batches below. Brothers, get started!

Look at Bitcoin's pin just now. The lowest point fell by about 10 points. Ethereum directly fell by more than 20 points. Let's not talk about other cottages. As usual, Bitcoin is the first choice for bottom-fishing. After the big drop last month, it was said that cottages should get rid of the weak and keep the strong. I just saw that many cottages fell below the previous low of last month. I feel sorry for the brothers who bought cottages!

Don't panic, brothers. This drop is nothing. Look at the long term. Think about what I experienced on September 4, which was even worse than this. There were also the subsequent May 19 and March 12. At that time, I was basically numb. The big drop is the same now. But in the end, every big drop will make the price of Bitcoin higher and higher. I'm only talking about Bitcoin!

Bitcoin's support level this week: 51800-50530-48500 Pressure level: 63200-68900

Ether's support level this week: 2115-1975-1750 Pressure level: 3000-3275

Today's market analysis:

$BTC Pay attention to the previous low of 52222 in the morning. As long as it does not fall below this position today, the small level will most likely fluctuate sideways and then start to rebound. Pay attention to the upper pressure level near 56260-58500-59620!

If it falls below the previous low of 52222 today, continue to fall and pay attention to the support level below 51670-50530-49600! #BTC走势分析

$ETH Pay attention to the previous low of 2112 in the morning today. As long as it does not fall below this position today, the small level will most likely fluctuate sideways and then start to rebound. Pay attention to the upper pressure level of 2500-2725-2820!

If it falls below the previous low of 2112 today, continue to fall and pay attention to the support level below 2076-1976-1902! #ETH走势分析

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