Hi everyone, I took a look at it this evening and the current price is in an awkward place. If there is no sell position in the afternoon, selling now is not recommended, not because it can't be a sell position, but because we need to watch the support situation the next time we step.

Now $BTC has regained support at 575, although it has not been tested by selling pressure, and support seems to have appeared at 581, which has changed from the previous resistance level, but whether this place can stop is all. It is not known now. To confirm a short-term decline stop, 575 is required to test selling pressure once, and then the correct position 575 does not break, and this is a stop signal if it is above 575, a higher support level appears. It is tested by selling pressure once and does not fall, so if it breaks, a short-term stop can be confirmed. After the decline stops, the market will continue to fluctuate instead of reversing in place, and it is worth noting here that after the shock, it is normal for the market to start falling again. Confirming a reverse trend, such as confirming a decline stop, requires two 4-hour support levels before it can be confirmed. To be honest, I have never seen a single trend end without a sharp up and down in the same direction, so don't blame me for judging the trend, which could save your life...

$ETH 2530 is facing relatively minor resistance, with previous support at 2415. Then wait patiently to see if it can get new support by pulling back to 2480. The higher the support price gets, the more it will help fix this market. As long as it is above 2415, it can be considered a signal to stop the decline and it needs higher support to confirm the decline stop.

So before that, do you dare to enter? It is not impossible to enter, but you have to enter near the support level. Support levels that have not been tested are all empty. Don't just think that it will not go down just because it has not gone down yet...

The US stock market won't open tonight, and Grayscale won't sell a penny of merchandise. The real war only starts tomorrow.

As the number 5 gets closer and closer, the unease becomes more serious. If the price doesn’t fall before the 7th, the probability of a fall will be cut in half. The reason is that if there is still speculation of a September rate cut, it’s almost time to speculate. So the last date to wait is the 8th. There are only a few days left.