$BTC Bitcoin experienced a short medium-term correction yesterday, with a retracement depth of nearly 3,000 US dollars. Today, it continued to rise slightly. Yesterday, many coin friends were frightened by the pullback and asked Xunzhang what happened. Xunzhang said that the price rebounded from 52,500 points to 60,600, with a continuous rise of more than 8,000 US dollars. There was no obvious retracement during the period, so the release of profit-taking is also understandable. In addition, the daily line just touched the 60,600 pressure line of MA 60. The technical adjustment is normal, and it is an excellent opportunity for coin friends who have not boarded the car to pedal. But in fact, many coin friends will miss the pull-up in this round of high-speed rise, because this time the rise will be rubbed by a small upward interspersed method, and finally the accelerated rise method will be adopted. Participating in high-quality currencies is a key link, which can avoid retracement and pull up quickly. At present, several currencies have been confirmed many times to have the basis for a substantial rise, which can be obtained from Xunzhang in a timely manner and analyzed!

#比特币 It has come above 60,000 again, bringing hope to the bulls. In fact, after letting everyone avoid the 10,000-point plunge, the medal also repeatedly emphasized that the price will rise. When the price was 53,000 points, it told everyone to buy the bottom and fill the warehouse in time to cope with the new round of strong bull market that is about to start. I hope everyone can grasp this step in time, adjust the direction of the contract in time, and continue to play the game with the bulls.
There are several main reasons for the current rise of Bitcoin. First, the general environment lacks negative expectations for Bitcoin. Whether it is the regulatory environment, market selling pressure, or policy environment, there is a lack of expectations for a large negative impact on Bitcoin. The second point is that more and more institutions continue to buy Bitcoin. At present, the number of addresses holding more than 0.1 BTC continues to hit a record high. As a result, the circulation of Bitcoin decreases, which will cause scarcity in the market. If there is a slight buying, the price will rise significantly. The important point is that the inflation control in the United States is already in place. The latest CPI shows that it is 2.5%, which is very close to the target expectation of 2%, so the Federal Reserve will start a continuous quantitative easing cycle this month. The increase in market liquidity will cause asset prices to rise, and Bitcoin will also rise accordingly. At the same time, the medal has obtained from multiple channels and data that the bottom-fishing volume of Bitcoin is very huge. Combining the above data information, the bullish reason is sufficient and strong. Next, we will see BTC achieve the first wave of 70,000 points, the second wave of 80,000 points, and the third wave of more than 100,000 points. During this period, many mainstream high-quality coins will compete with each other and rise actively, which is a good time to buy the bottom. For those who missed the low point, don't regret it, the next journey will be longer, I hope everyone can seize the opportunity.

#BTC走势分析 $BTC The recent market trend has brought a lot of troubles to the market participants. As soon as the price rebounded and saw the bullish momentum, the desire to enter the market rose slightly, but it was poured cold water by the ruthless decline. If you hold it, you worry about a further drop, and if you don't hold it, you worry about a rebound at any time.
In fact, on the 25th of last month, I wrote an analysis that Bitcoin will reach 80,000 points. Just two days after the analysis, the price fell, but before the fall, I made a warning of a sharp drop, reminding everyone to clean up the spot and adjust the contract position in time. In order to avoid everyone from taking this wave of retracement, the main reason was the sudden sale of 30,000 pieces of Bitcoin, which affected the short-term price direction. But after the market absorbed the 30,000 pieces of selling orders, it is still optimistic that the price will return to the normal track of rising and start an upward track.

30,000 BTC transferred to Binance Exchange. For such data, it can be confirmed that the purpose is to sell for cash. The sudden excess selling pressure seriously interfered with Medal's expectations for BTC prices. It is recommended that everyone reduce or clear positions. According to the amount of data, under normal circumstances, it can cause a decline of more than 10,000 points, that is, the lowest point is more likely to be lower than 50,000 points.
Regarding short-term fluctuations, it is actually difficult to judge, because historically, after entering the market after a large amount of selling pressure, people do not sell quickly at the first time. Some people lure in more and then sell, and some people sell directly. Usually, the action is taken within 48 hours, causing a continuous decline.

In the previous analysis, we told you that a new round of bull market is brewing and there are many opportunities. Therefore, it is a good opportunity for those who are on the sidelines and those who want to increase their spot positions. Next, I will recommend the spot products one by one. Here I will first recommend $CFX .
This coin fell from the highest of 0.550 on March 25 this year to the lowest of 0.10 on August 5, with the maximum decline reaching 82%, which is quite sufficient. The lowest retracement position of CFX directly touched the position before the bull market started, 0.10 (the bull market opening position on October 19, 2023), and obtained strong support here. The current K-line daily line has achieved 4 consecutive positives, and the price has gradually moved upward from the bottom oscillation area. The current daily line has just broken through the large cycle suppression point of MA 60 and is in the stage of gradually pushing upward. From the four-hour state, the current K-line has formed a long arrangement state, and the MA moving average has formed a 30-degree upward climbing state. The hourly line adopts an oscillating upward method, with MA 60 as the retracement support line for rest. At the same time, the price has rested around 0.145 for more than ten hours. It has now broken through the short-term oscillation area and continued to move upward, indicating that the price will continue the long behavior and start the upward process.