投资观察

🚨 Analyst: Can Bitcoin hold up at several key support levels?

Bitcoin prices are stuck around $55,000, and $58,000 has become a hurdle it must cross. Analysts believe that if it fails to break through in the short term, we may see its price fall back to $48,000.

Market sentiment is now nervous, and everyone is watching inflation data and the Fed's movements. At the same time, the possibility of a rate cut in September makes the market more uncertain.

At the same time, the Fear and Greed Index fell to 22 for a short time, showing investors' concerns and may also indicate that prices will continue to fall. The last time the index fell to such a low level was during the FTX crash in November 2022.

Analysts are keeping a close eye on the key point of $58,000. If it can break through, Bitcoin may continue its bull run and even set new highs. But if it doesn't, we may see a deeper correction, and $48,000 will be the next key support level.

Analysts such as Micheal van de Poppe and Trader XO believe that if Bitcoin fails to stay above $58,000 in the short term, we could see it fall to $53,000 or even $48,000.

💡 So, the next few days will be critical for Bitcoin. Investors should keep a close eye on macroeconomic factors and whether Bitcoin can break through the $58,000 resistance level. If not, we may have to prepare for a longer period of downturn.

💬 Do you think Bitcoin can break through the $58,000 resistance level in the short term? If the price of Bitcoin falls, how do you plan to deal with it? Will the Fed's policy and inflation data affect your investment strategy? See you in the comments!

#比特币 #市场分析 #加密货币动态 #投资观察

[Bitcoin price revelation] Short-term holders are losing money, where is the market going?

Hello everyone! Today we are going to talk about Bitcoin's "heartache line", which is the average cost price of short-term holders. 📊

Now this number (the average cost price of short-term holders) is about $64,000. The price of Bitcoin has risen since the day before yesterday, but the current price is still around $59,000, which means that many short-term investors are losing money now, with a loss rate of less than 10%. 😟$BTC
Historically, when the price of Bitcoin falls below this "heartache line", market sentiment is usually pessimistic. But if the price can rebound to this level or even exceed it, it means that the market is starting to strengthen. 🚀

So, the next point to watch is, what will happen when the price of Bitcoin approaches $64,000 again? Will it encounter resistance here and continue to fall, or will it break through this barrier and rise all the way? 🤔

This will also be the key to judging the next trend of Bitcoin, whether it is strong or weak. Short-term investors can only wait for the opportunity to change. After all, this is related to their short-term investment decisions, right? 💰

Don't forget that the market is always unpredictable, but paying attention to these key indicators can always help us better understand the future market development context.

So, let's keep an eye on the market and be ready to deal with every possibility brought by Bitcoin! 👀

#比特币动态 #短期持有者成本 #市场趋势 #投资观察

📉Why did the Bitcoin and Ethereum markets plummet one after another?

🚨The market has been a bit crazy in recent days. The prices of Bitcoin and Ethereum have been falling like a roller coaster. In the past 24 hours, the entire network contract has exploded by $779 million, mainly long orders!~😱

📉As of now, Bitcoin has fallen below the $55,000 mark, and Ethereum has also fallen to a low of $2,400. This is not just a digital game, this is a loss of real money!

$BTC
$ETH
🤔 According to reports, the trigger for this bankruptcy was that Genesis Global Capital began to repay! According to Bloomberg, the lender has now begun to immediately distribute about $4 billion in cryptocurrencies and fiat currencies to creditors.

📊According to Arkham Intelligence's on-chain data, last Friday, they transferred $1.5 billion in Bitcoin and Ethereum at once, including 16,600 BTC (worth about $1.1 billion) and 166,300 ETH (worth about $521.1 million). The market was like a bomb was thrown into it!

👀 If you are a creditor and you finally get your money after waiting for three years, would you want to cash out quickly? However, many people did this, and the result was a wave of selling, and the price naturally fell.

📈 But don't forget that Genesis Global Capital is not the only company that is repaying its debts. Mt. Gox has also been repaying creditors in the past few weeks. The market is still digesting these large-scale capital flows.

💬 What do you think of this price crash? Is it a panic sell-off or a natural adjustment of the market? What will the future of cryptocurrency look like? Leave your thoughts in the comments section!

#比特币 #以太坊 #GenesisGlobalCapital #MtGox #投资观察