August 22/Can DEFI become the first to rise in the altcoin? August 23 pays great attention to the speech of the Chairman of the Federal Reserve. The key to the market ups and downs in the next three months
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No update on August 22
On August 21, Bitcoin fell back to the lowest point of 58,500, which perfectly matched the support level of 58,500 in the Cognition Society article yesterday.
On August 20, Bitcoin fell back to the lowest point of 57,700, which perfectly matched the support level of 57,700 in the Cognition Society article yesterday.
Bitcoin is still fluctuating, so I haven't updated it specifically because the points of the fluctuations haven't changed much.
Whether the DEFI sector can become the first to recover, the surge of AAVE and CRV is still not enough to prove it. UNI needs to stand firm at 12 and LINK needs to stand firm at 15, because the market confidence needs to be established. The market value of AAVE CRV is too small. Even if it rises again, it is difficult to show the firm attitude of the main force. UNI LINK is needed as a benchmark to drive everyone to follow suit.