On August 28, it was said that Bitcoin might fall to the range of 54,500-56,000 US dollars. It finally fell to that range. Whether it can bottom out remains to be seen. #BTC走势分析

When Bitcoin reached $65,000, I did not anticipate this decline. The shrinking volatility after the long-term rise was quite normal, and the weekly line closed very well. During this period, I was reminded of ETH because $2,800 is an important pressure point for ETH. This position has been mentioned many times before and after, because it is very clear. I also reduced my ETH position at $2,800.

It is believed that ETH bottomed out on August 5, and then the rebound pressure level of ETH is believed to be 2800.

On August 25 (Sunday), ETH surged to $2,800. The group suggested reducing short-term positions. I also reduced my ETH positions on the 25th.
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