Let's take a look at the market trend
I have always emphasized that this market has ups and downs, and it will not keep falling or rising. Everyone must have confidence that no matter how big the black swan is, it will pass.
The market is indeed affected by the conflict between Israel and Iran. Yesterday, I also said that the market was indeed quite weak due to the news. It fell below the 60,000 line in the early morning, but it was pulled back. Although it has moved up, it is still quite weak. There is still room for decline on the daily and weekly lines. The four-hour has deviated from the running track of the Bollinger Bands. The overall trend of the daily Bollinger Bands is downward. The non-agricultural data of the United States will be released tonight. If the unemployment rate in September remains at 4.2 or lower, and the non-agricultural data is positive, the market may rise strongly.
Currently, Bitcoin’s pressure is at 62,000, with strong support at 58,000; Ethereum’s pressure is at 2,500, with support at 2,200.
