Crypto market analysis 7.31

Congress buys Bitcoin, SOL encircles Ethereum, weak intraday

Anthony Pompliano predicts that the United States will include Bitcoin in its balance sheet in the next 10 to 15 years. His investment portfolio mainly includes Bitcoin and Solana, which he started investing in last year when the price was $45 to $48.

He believes that Solana's activity growth may exceed Ethereum and seize its market share in certain areas, thereby driving up prices. Although optimistic about Bitcoin and Solana, he also reflected on the mistakes of not seizing early investment opportunities and emphasized the importance of portfolio construction and capital allocation.

Anthony Pompliano is a well-known entrepreneur and investor in the crypto industry, and has a very important influence in the crypto field. His remarks first confirmed that Congress will buy Bitcoin assets as reserves in the future, and SOL will also eat up the Ethereum market in the future. So now there are too many uncertainties and opportunities on SOL, which is also a good time for us to increase investment.

Daily level market

Daily level: The daily level fell rapidly, but it is still an upward trend. The decline makes people have to guard against it. It is specially designed for leverage explosion. The upper pressure is heavy, the bottom support is around 65000, and the upper pressure is around 63000 if it falls below the large level. The upper pressure is around 67200.

4-hour level market

4-hour level: The market fell rapidly, the lower support is around 65500-65000, the upper pressure is around 66700, and the market fell rapidly. It may have to be bottomed out.

Intraday level analysis

The recent sharp drop in Bitcoin is normal, mainly due to the uncertainty of American politics. The game between Trump and Harris, coupled with Harris's lack of qualifications and non-support for cryptocurrencies, makes it unlikely to win. However, this is still a big blow to cryptocurrencies and the stock market, so there may be more contract explosions in the near future.

 Intraday correction: A slight rebound was completed yesterday, and it is still in a downward trend today. The upper pressure is around 66600, and the bottom focuses on the support position near 65000. After breaking through, it continues to explore. It is a key position during the day. The rebound may not be strong. If you are not sure, wait.

The spot market needs to safely pass through this difficult moment in the history of encryption and remain calm in the face of difficulties.#BTC走势预测