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September 4/Can DEFI drive the recovery of cottage industry? The market needs a leader
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#uni #非农就业数据即将公布 #ETH #AAVE
🔹Reviews of Cognitive Society
The lowest point of Bitcoin on September 6th was 55,500, and the support level of 57,000 in yesterday's article was far from the original level.
The highest point of Bitcoin rebound on September 5th was 60,000, which perfectly matches the pressure point of 60,000 in yesterday’s article.
The apparent driving force behind Bitcoin's oversold rebound is that the expected rate cut in September has changed from 25 basis points to 50 basis points. The most important thing is that the selling pressure near 56,000 is not very strong, so the price will rise on a small positive sign.
Bitcoin's short-term pressure is 58,000 and 60,000. If it can stand firm at the 58,000 daily line and have a long lower shadow to bottom out, it would be a good thing. After all, the market needs confidence after falling for too long.
#uni #非农就业数据即将公布 #ETH #AAVE
🔹Reviews of Cognitive Society
The lowest point of Bitcoin on September 6th was 55,500, and the support level of 57,000 in yesterday's article was far from the original level.
The highest point of Bitcoin rebound on September 5th was 60,000, which perfectly matches the pressure point of 60,000 in yesterday’s article.
The apparent driving force behind Bitcoin's oversold rebound is that the expected rate cut in September has changed from 25 basis points to 50 basis points. The most important thing is that the selling pressure near 56,000 is not very strong, so the price will rise on a small positive sign.
Bitcoin's short-term pressure is 58,000 and 60,000. If it can stand firm at the 58,000 daily line and have a long lower shadow to bottom out, it would be a good thing. After all, the market needs confidence after falling for too long.
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