8.22 Market Analysis
Market Review and Analysis
The early morning spike was a bit of a pitfall, especially the current Bitcoin market is going back and forth, and the fluctuations are all in the range of 2000-4000 US dollars. The volatile market is really annoying. In the early morning, I was still posting about the spike. The upper spike of Bitcoin is a bit large, and the second Bitcoin is almost exactly near the resistance position. It is also a dog trend. It can't go up or down. The lower spike rebounds and the upper spike falls. It has been like this for half a month. We still have to wait for the current trend to break.
Today's Highlights
The current BTC market is showing a very volatile market. The back and forth fluctuations are indeed large. The intraday level is moving towards 62,000 again. The oscillation range at the four-hour level is also gradually decreasing. 5 The 8000 level has not been broken. The resistance level at the intraday level is 62000. The intraday level has been touched. We can first look at the support level of the first line of 60000. The second line of 58000 points remains unchanged. The key position of the daily line is 56000 points.
ETH pin near 2660, the pin given in the early morning is near 2650, the pin driven by the big cake, the first line of support at the intraday level is 2560, the second line is 2500 points, and the key daily support position is still unchanged near 2460
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