Good afternoon, brothers. We once again witnessed Bitcoin break through 110,000 to set a new record high. If only the principal was still there... Do you still remember the price of Bitcoin when you first entered the circle? If time could go back, would you still buy altcoins?
The big bitcoin broke a new high, and other copycats didn't show much performance. Isn't it strange? Of course, the biggest blame is still those who let you buy copycats. The big bitcoin sucked blood and rose in volume. The 2 billion U issued last night played the biggest effect, but the fomo sentiment of the new highs was not high. They were either trapped, exploded, or missed the opportunity. At this price, retail investors would not get on board. The dog dealers forced it up!
There has been no interest rate cut yet, but Bitcoin has already broken its previous high of 11w. If the interest rate cut peak continues to break through, the peak of this bull market is expected to rise to around 16w. As for how this price came about, it was discussed in the live broadcast a few days ago. As for whether it is accurate or not, let us use time to prove it together.
It has reached 16w, but it will not rise all at once. After all, there are still several months in the second half of the year. There will definitely be a correction in the middle. As for where the correction will be, it is hard to say. Just like the correction of 11w in the last wave, I said in the live broadcast that the top of this bull market will definitely not be 11w, but the deep correction afterwards is also quite scary, and it almost washed me down. If you miss the spot, then wait for the correction to go long in the contract, and don't chase it!
Today's market analysis:
$BTC Bitcoin fell back to the first support level at night and then began to rise. Pay attention to the position of 109400 today. As long as it does not break this position, all levels are on the bullish side. If it continues to rise, it will look at the previous high of 111866. If it goes up to the pressure level, it depends on the mood of the dog dealer!
If it falls below 109400 today, the 1-hour level will start to pull back, and the support level below will be around 108210-106510-105200! #BTC走势分析
$ETH After Ethereum broke through the second support level at night, it began to pull towards the third pressure level. Pay attention to the position of 2575 today. As long as it does not break this position after falling back, all levels are on the bullish side. If it continues to rise, pay attention to the upper pressure levels near 2646-2677-2700!
If the price falls below 2575 today, the 1-hour level will start to pull back, and the support level below will be around 2535-2500-2475! #ETH走势分析
$BNB BNB did not pull back at night and directly rushed to the third pressure level. Pay attention to the position of 676 today. As long as it does not break this position after pulling back, all levels are on the bullish side. If it continues to rise, pay attention to the upper pressure levels near 689-701-713!
If it falls below 676 today, the 1-hour level will start to pull back, and the support level below will be around 668-662-656! #BNB走势
After SOL retraced and broke through the first support level at night, it began to pull to the second pressure level. Pay attention to the position of 172 today. As long as it does not break this position after retracing, all levels are on the bullish side. If it continues to rise, pay attention to the upper pressure levels near 177-181-184!
If the price falls below 172 today, the 1-hour level will start to pull back, and the support level below will be around 169-165-160! #solana
[We provide you with the latest market analysis and precise pin points every day, for your reference only, 20% off the handling fee invitation code: X0B9EVB1]
