The bad news has just landed, and the key good news is coming again⚠️❗️❗️
The number of unemployment benefits in the United States is a small bad news. BTC touched 58500 and pulled back to 56700, and then broke the previous high again. BTC has now reached 58800. The three major indexes in the United States also opened higher and went higher. Russia also announced the legality of cryptocurrency mining. At present, everything is developing in a good direction.
The recent market trend is too fast, and the market changes too fast. According to this momentum, BTC is ready to hit the $60,000 mark. There is no retracement at all. At present, it is similar to the trend of 70,000. When it falls, it keeps falling without any rebound. When it rises, it keeps rising. There is basically no callback. However, the current price has reached the key pressure range of 58600-58880. It is not recommended to chase more without a large breakthrough. There is no reasonable retracement, bottoming out and absorbing funds. It is destined that the room for rising will not be too large.
At present, according to the one-hour BTC indicator, MACD has formed an air refueling trend, KDJ has also made a right-angle turn and formed a golden cross again. The low-level golden cross of the 12-hour MACD is also formed immediately, and the low-level golden cross of the daily KDJ has also been formed, but the volume and price of OBV can't keep up.
At present, the trend of BTC is a little imperfect. 49,000 has been supported and has rebounded to nearly 10,000. There is basically no retracement in the middle, which is the same as the fall. However, the market has been sluggish in the first half of August, but now the market volatility is really large.
The current price of BTC is very critical. If it breaks through here, it will go to 60500-61500. Otherwise, it will continue to pull back.
ETH is currently weak, and the rebound that should come has not come. If it can stand at 2530 here, it can go to 2640.
