Tonight, let's briefly summarize this month's market before bed:
BTC
This month, BTC took the lead, rebounding from a low of 58900 to touch 73660, a space of 14760 dollars, with a 25% increase. The market has warmed up significantly this month, and many players directly profited from this wave; of course, more players continue to be in a state of loss!
BTC has had the only decent drop in the last 5 days tonight, starting to strangle long liquidity!
Support levels: 67850/66500/65700/64450
Resistance levels: 72800-73500
The key point now is the important psychological level of 70000, so pay close attention to the pullback performance around this level!
ETH
Support levels: 2515/2435/2315
Resistance levels: 2745/2851
In this wave, none of the familiar altcoins kept up with the rise of Bitcoin; only a few long-neglected tokens have burst with astonishing increases, attracting follow-up investments from existing funds, and the main force has completed its liquidity plunder!
Next up is the major non-farm payroll data on the 1st, the election results on the 5th, and the Federal Reserve interest rate cut in the early hours of the 8th!
The current major fluctuations in the market are repeatedly ravaging both bulls and bears, completely muddling the market. This way, when the main force casts a net, it is sure to return full. If the market is not muddled, these fish will not surface; if the market does not experience violent ups and downs, the hesitant funds will not frequently chase up or down. If funds do not operate frequently, the main force cannot complete the liquidity harvest!
So tonight, we can observe, and tomorrow we will formulate a new 'battle plan' based on the situation. This refers only to short-term; for long-term, continue to invest steadily!
