$BTC From the chart, we can analyze the current trend rationally. This wave of callback accounts for a small proportion of the entire rising market. The entire retracement is acceptable and does not mean that the market will stop.

The negative lines of the first two days at the daily level mainly follow the decline of US stocks. The overall volume is not large, so there is no panic;

We mentioned before that the position of 63,000 is a chip-intensive area. The position where multiple resistance supports are exchanged in the early stage. As long as it does not fall below 63,000, we believe that the current market is still bullish.

Looking at the 4-hour level, it is obvious that a negative line follows the US stock market. The rest of the K lines are oscillating and have not continued to fall.

At present, there are many bearish voices in the market, and the funding rate has also begun to turn negative. Most people choose to short. Before it falls below 63,000, it is not bearish.

The probability of a rate cut in September exceeds 90%, gold has reached a historical high, and the Ethereum spot ETF will start trading next week. Mentougou, which has been hyped for ten years, has also begun to digest. After the big cake is halved, the daily output will decrease. 400, the US big pie ETF continues to flow in, now may be the best opportunity

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