Bitcoin fell below the support of the 120-day moving average yesterday and fell slightly again today. Subsequently, affected by the positive news of Ethereum, the market rebounded across the board. Ethereum, Ethereum staking and meme sectors rebounded strongly. Wang Ge mentioned before that the current market weakness is caused by the lack of positive promotion. Only when there is good news, the market will respond. The next thing that can cause a big stimulus to the market is the launch of Ethereum ETF, which is expected to happen within a month. Therefore, even if Bitcoin falls below the support of the 120-day moving average, it cannot be overly bearish. Because as long as the good news comes out, it will instantly pull up. Continue to maintain confidence and firmly adhere to the strategy of buying low and holding. #BTC走势分析
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