🌹🌹🌹 Bitcoin, Ethereum market analysis and operation points next week

❤ Bitcoin afternoon trend is in line with the morning market expectations. It rebounded after falling back to 57800, but the bulls lacked sustained volume due to the weekend. Let's see if there will be a wave in the evening. If the 57500 support is not broken, it will rebound. Pay attention to the 59000 resistance level above. If it breaks through, it will be 60000-61000. If it fails to break through the resistance in the short term or falls back below the low of 57500, the market will go out of the third wave of retracement we expected. September has already begun, and the interest rate cut and the general election are getting closer. The decline in September is our best opportunity to increase our positions, and then we will welcome the rebound from the second half of September to October.

❤Ether has support at 2400 below, and will rebound to 2500-2520 resistance. If it breaks through, it will break through 2600-2650. If it fails to break through resistance or falls below 2400 support in the short term, it will move in a three-wave retracement. If it moves out of the three-wave retracement, it will move to support near 2260-2300.

❤Spot strategy:

1: The market stepped back to 57800 as expected in the afternoon, and we took everyone to do the band. Currently, it is near the cost line. Pay attention to the support of 57500 in the evening. If this position is not broken, continue to hold and look at the resistance level. If the rebound does not break the resistance, we will maintain the short-term band idea to mainly reduce positions for profit, because the current retracement structure still needs time to complete.

2: If it moves out of the three-wave retracement next week and steps back to around 55500-56000, we will try to enter the spot market. If it breaks, we will look at the support of the lower track of the daily line of 52500-53500.

3: For those who want to trade Ethereum in the short term, please follow the prompts. If there is a three-wave retracement next week, we will try it near 2260-2300. If it breaks, we will wait for 2000-2100 to add positions.