Warning! If this point is not broken, it will be difficult to see a big rise! ⚠️🚫🚫
The price of Bitcoin continues to hover around the threshold of $58,000, like an insurmountable mountain! $58,800 is the key to unlocking new heights and breaking the curse of falling from $65,000. Although the rebound momentum this week is good, the hurdle of $58,000 has not been crossed, which makes people worried. If it is delayed, there will be changes! 😟
On the political stage, Harris's pre-debate training worked, and Trump was angered and lost his temper repeatedly during the debate. The latest polls show that Harris's winning rate has soared to 63%, and Trump has only 37% support. U.S. stocks have soared as a result, which may be a positive signal for the crypto market. After all, Bitcoin is closely linked to Nasdaq. If Nasdaq soars, how can Bitcoin not follow? 🚀
But back to Bitcoin, although it has found support at $55,500, it is as slow as a snail, and $58,700 seems to be an unattainable dream. The market is still shrouded in the fog of shocks. If you want to really take off, you must break through the skyline of $58,700! Ethereum, on the other hand, is even more sluggish, and $2,300 has become its comfort zone, and it is reluctant to leave for a long time. 😴
On the 4-hour chart of Bitcoin, although MACD maintains an upward trend, there is an undercurrent. The dealer quietly shipped, and OBV fell straight down. We have to guard against this "fighting and retreating" tactic! 🔍
In summary, the focus of BTC is still on $58,700, which is the watershed of confidence or not. If it breaks through, the sky will be wide open, and if it does not break, the risk of callback will increase. As for Ethereum, $2,350 is the turning point of its ill-fated fate. The 4-hour indicator has shown fatigue, and the trend is worrying. 💔
