2024.8.22 Analysis of Bitcoin and Ethereum intraday market】
Good afternoon, brothers. Have you grasped the market in the past few days? The daily line will go up and down every day. Yesterday, I talked about the Bitcoin daily pressure range of 6.13-6.18. The bottom support near 5.8 can be high and low. The lowest last night was 5.88 and the highest was 61793 at midnight. The bottom and top were publicly told to everyone in advance.
Ethereum reached the first support and the first pressure level last night. At night, it even pulled to the second pressure level and then came down. Whether you are short at the pressure level or long at the support level, you should make money.
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Today's Bitcoin market analysis:
$BTC has already pulled up in the middle of the night. At present, the 1-hour level is in the correction and other levels are on the bullish side. Pay attention to the position of 60840 today. As long as the 1-hour level stands at this position, this wave of correction will end and the market will start to rise. Pay attention to the upper target/pressure level near 61360-61800-62700!
If the 1-hour level cannot stand at 60840 today, it means that it still cannot go up. If it continues to fall, pay attention to the positions near 59870-59360-58770. As long as the 4-hour level does not fall below 59870, it will still go up!#BTCtrend analysis
$ETH has pulled up in the middle of the night. At present, the 1-hour level is in the correction and other levels are on the bullish side. Pay attention to the position of 2626 today. As long as the 1-hour level stands at this position, this wave of correction will end and the market will start to rise. Pay attention to the upper target/pressure level near 2655-2688-2720!
If the 1-hour level cannot stand at 2626 today, it means that it still cannot go up. If it continues to fall, pay attention to the positions near 2600-2553-2515. As long as the 4-hour level does not fall below 2600, it will still go up!
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