Today's market analysis
Currently, the price of BTC is around 58,500, and the key resistance level is between 60,000 and 61,000
The relative strength index (RSI) is neutral at 43, indicating that the market is indecisive. Breaking through the key resistance level indicates a bullish trend, while failure to break through leads to bearish results.
Since the last high of 70,000 on July 29 last month. The downward trend of the market has not been stopped, and the decline in consecutive weeks has led to a surge in the negative side of the market.
As a result, most people are no longer concerned about the price trend of BTC itself, but pay more attention to the news, and pay more attention to the data than the market trend.