Daily Market Analysis of Cryptocurrency (8.9)

Summary:

The crazy moment of $BTC is about to arrive, with the current Bitcoin price expected to be in the 125000-130000 range. After this weekly segment completes, it can basically be confirmed that the bull market has ended, entering a long adjustment period. Eventually, it will conclude with a perfect five-wave finish in a terminal wedge. Recently, I have been reminding to buy the dip for Bitcoin. The strong resistance zone for Ethereum at $ETH was broken through in one go this morning, and if it retests around 4100, it will become strong support. The target for this round of Ethereum is tentatively set around 4630, with upper pressure at 11.86 and lower support at 11.63.