#BTC☀
《End of the Rebound — Pay Attention to the Pullback》
As the end of Powell's speech approaches, the week's turbulent market also enters a countdown. Today's speech content returns to its past style, giving evasive answers to some questions, without delivering a second blow to this fragile market.
The trend of Bitcoin seems to have its upward momentum weakened when it approached the resistance around 84500. The hourly chart shows signs of a pullback trend, while the overall trend appears to have entered a repair phase. Once it stabilizes above 84500, a new market phase will begin.
The trend of Ethereum appears to lag behind Bitcoin, indicating that market liquidity is insufficient to support a broad-based rally. Currently, it barely stands above the 1800 mark, with an overall weak trend.
Currently, the market opening suggestion is to focus on going long on Bitcoin, while shorting Ethereum and altcoins, especially newly listed altcoins and the recently sluggish MEME. We need to be particularly cautious. We should wait for the spot market, and after Bitcoin stabilizes above 84500, we can consider adding positions.
#加密市场回调
#BTC走势分析
#ETH走势分析
#币安投票上币