The panic index is 17 today! It is more painful to miss out in the bull market than to be trapped! Although the market fell beyond expectations, the response did not exceed expectations!

Hot info:

1. Yesterday, BlackRock's IBIT trading volume reached US$2.9 billion and FBTC trading volume reached US$850 million.

2. Fed's Daly: Open to cutting interest rates at the September meeting and does not believe that the weakness in the labor market will worsen.

3. Despite the stock market crash, BlackRock and Fidelity did not sell Bitcoin.

4. El Salvador continues to purchase 1 Bitcoin per day.

5. Analysis: Crypto markets may face greater volatility as VIX reaches its highest level since the COVID-19 market panic.

6. Today's Fear and Greed Index dropped to 17.

BTC

Yesterday’s daily report gave the boarding point of 51500-50500. Follow it and you will make money!

The daily closing price was 54000, above the previous low of 53500, and no new structural damage was formed. As long as the closing price this week can remain above 53500, this round of correction is likely to end! Otherwise, there is still a possibility of continuing to set new lows, with a low target of around 43600! The current price rebounded to the H1 level, with short-term pressure around 57000, and the target is to test the supply zone of 58800-59600! Short-term bottom-picking positions can consider taking profits in batches at these two positions! Short-term support is 53600-52500!

ETH

Yesterday's daily report gave the boarding position of 2290-2200. You can make money as soon as you board the bus!

The daily structure is broken, short-term bottom-picking positions, rebound to the first target 2580 and the second target 2730, you can take profits in batches! Waiting for the second exploration of the market! Short-term support 2410-2360!

SUN

Yesterday, we didn’t get the high cost-effective area of ​​105-98, so we can only execute the right strategy and follow up after it reaches 130! We are making money now!

The upper 141-144 is waiting to be tested, short-term bottom-picking positions, if the price does not exceed this position, you can take profit! Waiting for the second exploration! Short-term support 130-127! The lower 111 and 105-98 are the key positions for the second exploration!

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