Analysis of the cryptocurrency market: Innovation is not the key to growth, capital is the king! BTC fell below 58,000 over the weekend and traded sideways above 57,000. What will happen in the future? The selling pressure of 40,000 BTC in Mentougou has become the key. If the selling continues, it may fall to 55,000; if it is static, there is no worry. 57,000 is a strong support, and the WR indicator is at a low level. It can also recover quickly if it falls below. 40,000 is difficult to break, and the cost of ETF buyers is higher than this. The selling pressure in Mentougou has been digested, and funds have entered the market after the interest rate cut. There may be a rebound in mid-to-late September. Pay attention to the non-agricultural data on Friday, and keep the key of 56,000. There are many events in September, and the external environment is uncertain, but Bitcoin may be a new reservoir for the US dollar. Short-term opportunities are in Brc20 assets and Fractal, and BTCfi may be led by Babylon to become a new hot spot. Spot contract Junyang 👉@点这里 加密乘风 The rise and fall of the cryptocurrency circle has nothing to do with innovation, and consensus is value. It is more important to study the distribution of chips, the real address of holding coins, and the direction of smart money. The cryptocurrency market is driven by funds. The rise and fall follow the direction of funds. Don't be pessimistic. When the fall is over and people disperse, it is time for us to enter the market! #BTC $BTC #BTC突破7万大关 #BTC走势预测 #BTC翻倍之路 #BTC金LTC银