Bitcoin

Bitcoin fell for the third consecutive day.

After hitting a local peak of $70,079 during the recovery on July 29, BTC reversed, erasing nearly all of its previous upward momentum.

The value has continued to drop by 3.5% over the past 24 hours and is currently trading around the $64,000 mark.

However, on a monthly basis, Bitcoin closed July with a gain of 2.96%.

The break of the intraday support level of 65,000 has intensified the panic of retail investors in the market in the short term, and it has been looking for support at the lower and middle track of 635,000. If this position falls below the fulcrum at one point, it will directly look for support near 61,000.

Altcoin Markets on Fire as Bitcoin (BTC) Falls

主要项目如Popcat (POPCAT)、Mog Coin (MOG)、Dogwifhat (WIF)、Mantle (MNT)、Book of Meme (BOME)、Bonk (BONK)、THORChain (RUNE)、Bittensor (TAO)、Core ( CORE) ）、Solana (SOL)、The Sandbox (SAND)、Neo (NEO)、Starknet (STRK)、Injective (INJ)、Jupiter (JUP)、Hedera (HBAR)、JasmyCoin (JASMY)、Render (RNDR)、XRP ( XRP)、ORDI (ORDI)、The Graph (GRT)、Cardano (ADA)……下跌 4-9%。

Ethereum (ETH) fell for the second day in a row, returning below the $3,200 mark.

ETH has lost nearly 3% of its value and is currently trading at around $3,190.

ETH will focus on the lower support level during the day. It just touched the high pressure level near 3350 yesterday. Today, we will focus on the position near 3200-3170 below. We will pay attention to whether the pressure level of 3260-3280 can stand firm during the day.

(Personal opinion, not a recommendation)

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