✨2024.8.12 Today's Analysis✨
Today is Monday. Last week's weekly line closed with a positive cross star, but the price is still below the weekly and daily moving average resistance levels. In the short term, $BTC is in the stage of breaking and stepping back from a small upward trend.
Key positions:
Resistance level: $BTC 59500-60000
Support level: $BTC 57000/53500
$ETH is currently fluctuating between 2700-2300.
Altcoins as a whole will also be in a volatile trend this month. For altcoins close to the daily moving average resistance level, it is necessary to pay attention to the possibility of following the market to fall in the short term, and altcoins with room may have a chance to catch up.
