After the intraday market rose to around 58400, the overall market fell into range fluctuations again. There is nothing much to say about this market. The recent market is like this. After each big market, it is accompanied by consolidation. What we suggested in the morning was that the orange was at the 57000 line. When the market rose to the 58000 line, there was also more than 1000 points of space. There is not much to say about the trend of Ethereum. Basically, it follows the big cake. It is my responsibility not to blindly resist Dan, change my thinking in time, minimize losses and maximize benefits. I will not analyze the market trend on the spot, and I cannot respond in time. I have no way to start with long and short positions. You might as well follow me. Maybe your accidental choice will change your current situation.

From the current market, the 4-hour line shows that the market has risen significantly, and the current upward trend line is still maintained. The decline given during the day is for the bulls to pull up better in the future. The previous decline touched the support level of 55,500, but the decline did not continue to break through. The subsequent rebound is a good example of this. The subsequent decline space has not brought much impact on the overall upward trend. The current slight decline is just a correction in the process of rising. The chance of the market going one-way is very small. Most of the time, it is in a fluctuating position of rising and falling. The short-term outlook is still optimistic about the upward trend.

Bitcoin: 57,700-57,500 long, target 59,500

Ethereum: 2,340-2,320 long, target 2450#美降息25个基点预期升温 #美国8月核心CPI超预期 #特朗普哈里斯辩论未提及加密货币 #以太坊基金会 #特朗普哈里斯辩论未提及加密货币 $BTC $ETH