September 8th this year.
At the moment, BTC is in a downtrend. The specific support area given below should be between 78,200 and 77,600. After a pullback, it should continue to rise, and then you’d expect a mid-to-long-term uptrend. Unless the news breaks and drives it down, this decline is still within expectations. After all, yesterday we also said to watch whether it can break below and then reclaim near 78,000, and if so, it should continue moving upward.
If today it drops to around 78,000, then look to see whether it can rise to above 79,400. If it does climb above that, from the chart/market perspective it would still indicate that it needs to move higher.
So, we’re waiting for a decline. If in the early stage you don’t currently hold any long positions, you can consider opening a light long position around 78,000. If it continues to fall, then you should watch how the price reacts around 76,000. If it drops to 76,000, then we can look at how the走势 (price action) around 76,000 is behaving. For now, there’s no need to worry because 78,000 is an effective support. Within this week, there are mainly two levels: 78,000 and 76,000—the key is how the price reacts at these two points.
As for ETH, there’s no need for too much analysis. When it stabilizes above 2550, it will begin a staged upward move.
These are all predictions—personal viewpoints, really—since everyone’s mindset is different. This also includes what we mentioned earlier: taking long positions or buying spot around 65,000 and even below. But during the downtrend, everyone is afraid that it will keep dropping. And in the end, it may still rise. #库克卸任苹果CEO特纳斯接任 #日元突破155逼近年内新高 #BTC走势分析
At the moment, BTC is in a downtrend. The specific support area given below should be between 78,200 and 77,600. After a pullback, it should continue to rise, and then you’d expect a mid-to-long-term uptrend. Unless the news breaks and drives it down, this decline is still within expectations. After all, yesterday we also said to watch whether it can break below and then reclaim near 78,000, and if so, it should continue moving upward.
If today it drops to around 78,000, then look to see whether it can rise to above 79,400. If it does climb above that, from the chart/market perspective it would still indicate that it needs to move higher.
So, we’re waiting for a decline. If in the early stage you don’t currently hold any long positions, you can consider opening a light long position around 78,000. If it continues to fall, then you should watch how the price reacts around 76,000. If it drops to 76,000, then we can look at how the走势 (price action) around 76,000 is behaving. For now, there’s no need to worry because 78,000 is an effective support. Within this week, there are mainly two levels: 78,000 and 76,000—the key is how the price reacts at these two points.
As for ETH, there’s no need for too much analysis. When it stabilizes above 2550, it will begin a staged upward move.
These are all predictions—personal viewpoints, really—since everyone’s mindset is different. This also includes what we mentioned earlier: taking long positions or buying spot around 65,000 and even below. But during the downtrend, everyone is afraid that it will keep dropping. And in the end, it may still rise. #库克卸任苹果CEO特纳斯接任 #日元突破155逼近年内新高 #BTC走势分析