#BTC☀ The hourly level tested the daily resistance level 6 times from last night to early morning, but failed to break through and then fell back slightly to stabilize.
This is the second attempt to break through this week at the daily level. I look forward to the third one tonight.
If the breakthrough cannot be completed tonight, it can only fluctuate and wear people out until the interest rate meeting next week. During this period, the bulls will gradually exhaust and cause the market to fluctuate and fall.
# US stocks closed up in the early morning, which is still very good, but BTC is slightly insufficient. Short-term funds are more likely to rush into gold, US stocks, and US bonds. Indeed, there is still very little funds that BTC can eat now.
The problem facing BTC now is still that if it does not break through, the attention will decrease. After the breakthrough, whether the attention supports the funds to continue to push up the price.
If you want to be optimistic, the continuous attempts to break through have also consumed a lot of resistance selling pressure, which will lay a certain foundation for the third breakthrough.
The sentiment in the Asian market is still not very good and remains sluggish.
Let's continue to wait for tonight. I won't say more. I'm going to climb the stairs and come back to update today's market content.
