Successful people have a common trait: they only spend 5% of their time worrying about problems, and spend 95% of their time solving problems. In my opinion, this rule is absolutely true. If you really do this, no matter what difficulties you encounter, you will be able to solve them. The Bitcoin air force is over, encryption is over, and everything is over. The price of Bitcoin has broken through the $62,000 level. Yesterday, I said that Bitcoin will take off, which means that the current market is following our previous price trend. The Bitcoin spot ETF has an outflow, but the outflow is very, very small. From the Bitcoin liquidation chart, it can be seen that the longs suppress the shorts very obviously during the day.
The same is true for 63,000 within seven days and thirty days. The previous two posts mentioned that Bitcoin has a reversal in a downward channel, and the bottom has an upward trend to form an upward channel. Breaking through 65,000 is very critical and completely forms a trend destruction. This kind of trend destruction, based on our past experience, will result in a large price range movement, and may even be close to a 10% to 20% increase in one day. So facing the current market conditions, the current price is at 62,000. Is there any chance to go long again?
I suggest you wait and see, because it barely broke through yesterday's wave, and with the announcement of the Federal Reserve's 50 basis point rate cut, this wave went straight up. So why can't we operate immediately now? From the one-hour level, it has now broken through a price trend, and it still has a chance to pull back to the level of more than 60,000 US dollars. As long as it pulls back again, you can consider continuing to do a long position. The support point below is more than 58,000 US dollars. From now on, there are still many trading opportunities.
Ethereum also rose in this wave of market, breaking the previous doubts. From the four-hour level, it did not have a big actual breakthrough, but the one-hour level breakthrough clearly showed that it still had a determination to break through. The one-hour level has formed a simple kinetic energy. We should wait and see if the 2,500 level has not been broken. As long as Bitcoin rises, it should also make up for the rise. There is no big problem. In the past two days, we can see that whales bought part of Ethereum at 2,300 US dollars. After buying it, its price immediately rose, which means that you can basically make money by following whales. It has not been sold yet, and it may rise. Even if it continues to fluctuate at this position and then rises, the final result will still be an increase. Well, that's all for today.
#加密市场反弹 #BTC #ETH $BTC $ETH $SOL
