$ETH 、$BTC box oscillation, the whale has already accumulated 85,000 tokens.
1、Since ETH broke out on July 14, the price has been consolidating for a full month. The upward pressure level is 2,000 points, and the downward level is 1,830 points. It has been repeatedly pulling in both directions and has not yet chosen a direction. In this regard, the three-cycle trading method still has very limited effectiveness; for the medium-to-long term, waiting is the best strategy.
2、As for BTC, its price fell sharply yesterday, but it only retraced to the lower boundary of the consolidation channel, around 62.8K, forming a doji and stopping the decline. It has continued to range between 65K and 62K, and its走势 is basically consistent with ETH.
3、For long-term holders (LTH), the cost basis is around 48K–50K, and they are still in profit. Short-term holders have begun to incur losses of about 10%, meaning their cost is higher than the current 63K. However, as the price moves downward, whales have gradually been accumulating since May (cumulatively reaching 85,179 tokens).
#三周期交易法 #链上分析
1、Since ETH broke out on July 14, the price has been consolidating for a full month. The upward pressure level is 2,000 points, and the downward level is 1,830 points. It has been repeatedly pulling in both directions and has not yet chosen a direction. In this regard, the three-cycle trading method still has very limited effectiveness; for the medium-to-long term, waiting is the best strategy.
2、As for BTC, its price fell sharply yesterday, but it only retraced to the lower boundary of the consolidation channel, around 62.8K, forming a doji and stopping the decline. It has continued to range between 65K and 62K, and its走势 is basically consistent with ETH.
3、For long-term holders (LTH), the cost basis is around 48K–50K, and they are still in profit. Short-term holders have begun to incur losses of about 10%, meaning their cost is higher than the current 63K. However, as the price moves downward, whales have gradually been accumulating since May (cumulatively reaching 85,179 tokens).
#三周期交易法 #链上分析