Analysis of the Bitcoin and Ethereum market in the evening:

Good evening, brothers and sisters. Today is really a big drop. Bitcoin has fallen by 16% from its high and low points today, and Ethereum has fallen by more than 20%. This is the largest intraday drop this year. The new investors who entered the market this year have experienced what a "blockchain scam" is.

But don't panic, brothers. This kind of market basically happens once a year. The gold pits created by such black swan events will eventually be recovered. If you don't believe it, look at the K-line chart of Bitcoin in the past.

In the previous 2-week live broadcast, we talked about moving stop loss and how to find stop loss positions, and repeatedly emphasized the importance of stop loss. Brothers who didn't do stop loss this time, don't panic? I believe that 70% of the brothers who opened long orders have either blown up their accounts or have already made up for the margin and are still carrying orders!

Buy what you should buy when Bitcoin falls, and don't dare to buy it when it plummets and chase it when it goes up. Who else do you owe money to? The intraday essay on July 21 last month reminded those who didn't get on the train not to chase it, and also talked about the logic of not chasing it. If you are interested, you can read the article of that day.

$BTC fell to the third support level I gave during the day and then began to rebound at night. It fell to the third position of 49600 at 8 o'clock. Is it okay? The lowest was 49501, and now it has been pulled to 5.39.

Pay attention to the position of 54500 at night. If it stands above this position, it will rebound at the 2-hour level. Pay attention to the upper pressure level of 56000-57300. Only when it stands above 57300 at the 4-hour level will it start to rebound!

If it fails to stand at 54500 at night, the 2-hour rebound will fail. Pay attention to the position of 52130 when it falls back. If it falls below, this rebound will end. If it continues to fall, pay attention to the positions below 50530-49600-48500! #BTC走势分析

$ETH Pay attention to the position of 2435 at night. If it stands above this position, the 2-hour level will start to rebound. Pay attention to the upper pressure level of 2503-2662. Only when it stands above 2662, the 4-hour level will it start to rebound!

If it fails to stand at 2435 at night, the 2-hour rebound will fail. Pay attention to the position of 2310. If it falls below, this rebound will end. If it continues to fall, pay attention to the positions of 2223-2149-2076 below! #ETH走势分析

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