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#square
#ETH
《Trend Changes — Current Market Analysis》
After a week of high-level fluctuations, the entire market has generally begun to pull back. As Bitcoin and Ethereum have been stuck at a bottleneck without upward momentum, the probability of a pullback is very high. Therefore, this week is for everyone to wait for the opportunity to add positions. The comparison between the price at which we reduced our positions and the current price further verifies that we made the right choice.
Ethereum dipped today to around the 1800 mark, and after stabilizing, it began to rebound. Looking at the hourly chart, resistance is near 1840, and further up, resistance is at the previous high around 1870. Due to the holiday and the weekend, it remains a fluctuating trend with limited operational space.
Bitcoin today dipped below the 96000 mark, which is also the support on the 4-hour chart. This rebound has touched the hourly resistance at 96300, and there is no momentum to break upward further. The market will continue to fluctuate.
Although the overall altcoin market can obtain more chips with the same funds for position additions, Bitcoin and Ethereum still show no trend of breaking upward. When Bitcoin and Ethereum pull back, especially Ethereum, it will still drag the altcoins down. That will be a good time to add positions.
As the holiday comes to an end, Taco also wishes everyone a happy Labor Day. When the market shows a turning point and it's time to add positions, Taco will post updates at the first opportunity. Just keep following for continuous updates.
#ETH走势分析
#BTC走势分析
#加密市场反弹
#比特币战略储备
《Trend Changes — Current Market Analysis》
After a week of high-level fluctuations, the entire market has generally begun to pull back. As Bitcoin and Ethereum have been stuck at a bottleneck without upward momentum, the probability of a pullback is very high. Therefore, this week is for everyone to wait for the opportunity to add positions. The comparison between the price at which we reduced our positions and the current price further verifies that we made the right choice.
Ethereum dipped today to around the 1800 mark, and after stabilizing, it began to rebound. Looking at the hourly chart, resistance is near 1840, and further up, resistance is at the previous high around 1870. Due to the holiday and the weekend, it remains a fluctuating trend with limited operational space.
Bitcoin today dipped below the 96000 mark, which is also the support on the 4-hour chart. This rebound has touched the hourly resistance at 96300, and there is no momentum to break upward further. The market will continue to fluctuate.
Although the overall altcoin market can obtain more chips with the same funds for position additions, Bitcoin and Ethereum still show no trend of breaking upward. When Bitcoin and Ethereum pull back, especially Ethereum, it will still drag the altcoins down. That will be a good time to add positions.
As the holiday comes to an end, Taco also wishes everyone a happy Labor Day. When the market shows a turning point and it's time to add positions, Taco will post updates at the first opportunity. Just keep following for continuous updates.
#ETH走势分析
#BTC走势分析
#加密市场反弹
#比特币战略储备
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
599.8
+0.06%