$BTC btc is about to break a new high, 137000 is not a dream. Brothers, this wave of price increase on August 3rd, primarily focusing on spot market bottom fishing and low long contracts, has surely brought in a lot of gains, right? 😄😄😄

$BTC btc After the rebound, we need to pay attention to the area around 123000. From the current weekly and daily indicators, it is not clear whether we will see a retracement from the high of 123000 into a bear market, or if we will break through to a historical new high and head towards 137000. We will continue to analyze the broader market based on the upcoming trends, but at present, we are more optimistic about breaking the new high to reach 137000.

ETH is influenced by BTC's movement; during BTC's journey towards 123000, BTC is on the way to breaking 4100 and heading towards 4500. If ETH breaks through the new high to reach 137000, ETH needs to break the historical high of 5000 to go to 5600.

Everyone actually knows one thing: whether to cut interest rates or not is no longer the main theme of the bull market. The ETF spot approval and the government's beautiful recognition of cryptocurrency have intensified ZB's harvesting in the crypto circle. The major trends of significant rises and falls are no longer determined by US dollar interest rates.

Currently, we first look at BTC heading to 123000, and ETH breaking 4100 to 4500 will suffice.

#BTC走势分析 #ETH走势分析