In the past two days, the proportion of altcoins has fallen sharply. Everyone has begun to get used to the small pullback of BTC and the big waterfall of altcoins.

The panic greed index fell below 30. It can be seen that every time the panic index fell below 30, it would always fall out of the bottom of the altcoins, especially when there was extreme fear, which was often the "golden bottom". This opportunity can appear two or three times a year.

The night CPI landed and a new trend is about to come. Opportunities often come out of the fall. At present, most of the spot trading volume is less than 100 million. The land volume shows the land price. Wait patiently for the last drop before going to "pick up gold".

BTC:

The United States transferred 10,000 BTC to Coinbase, which played a role in the expected bearish selling pressure on BTC. BTC has been shrinking along the 5-day line to explore the bottom, and the top of the hourly line has been continuously reduced, indicating that it is facing resistance selling pressure. The upper $59,424 is the key point of the small M head formed on August 12. Last time, we talked about it. Only by standing firmly at $59,424 can we build a bottom and strengthen, and enter a bullish rebound market. Next, BTC will rebound with a shrinking volume and fall back to the top at $59,424.

Resistance: 59424, 61652, 62473

Support: 56774, 54253, 52178

ETH:

The whale addresses on the chain have changed frequently in the past two days. Pay attention to the negative expectations of selling in the market. ETH bottomed out along the 5-day line, and the hourly line top diverged and weakened, indicating that it was facing resistance and selling pressure. The upper $2686 is the key point of the box formed on August 9-August 14. Only by quickly pulling up and breaking through $2686 can the triangle convergence trend be broken and quickly rushing up and strengthening. Next, ETH fell back at $2686.

Resistance: 2686, 2778, 2854

Support: 2524, 2437, 2345#美国CPI数据连续第4个月回落 #BTC走势预测