#BTC#ETHweekend market analysis: point adjustment, moving average moving down, next week's rebound height is constantly compressed, can the trading rate cut bring us more gains?
#BTC#ETHweekend market analysis: point adjustment, moving average moving down, next week's rebound height is constantly compressed, can the trading rate cut bring us more gains?
The market volatility was small over the weekend. Due to the “low-key” performance of the U.S. stock market last night, BTC did not successfully complete the breakthrough test in the early morning. As the volatility was limited over the weekend, the breakthrough test may have to wait until next week!
Why do I keep emphasizing key point breakthrough testing?
1. The middle line position shown by the yellow price in the figure is the middle line of the daily Bollinger band. In my expectation, whether the price can break through this position will determine whether the current stage is a rebound or has completely reversed to an increase!