Today, the monthly line started to fall on the first day of opening.
The current trend of BTC is to test the 58,000 level, where the last rebound was a false break.
Today was another false break, but it hasn't completely fallen. Let's see how the weekly line closes today.
The weekly line closed with a real negative line according to the current price, and the monthly line fell in the first two weeks, which is basically a good trend. This will repair the downward pin market in August, which is in line with the expected point and can also meet our layout requirements.
After BTC falls below 58,000, we can look at the pins in the 55,000-56,000 range . It mainly depends on whether it is a real daily closing or a pin. If it just rebounds to the 55,000-56,000 range, 58,000 will become a resistance position in the later stage.
ETH is still weak at present, with an obvious downward trend. The support position can focus on the 2320-2280 range. It mainly depends on whether the 2200 points can be broken this time . If it falls below the 1st of this month, ETH will not be able to escape.
Officially opens in September!
If I say: Bitcoin falls to 50,000, 48,000, 41,000, and Ethereum falls to 2,100, 1,700, will you buy Bitcoin or Ethereum?
I don’t buy either of them, I choose to buy a counterfeit, hahahaha!
Recently everyone has noticed that SOL has a sharp pullback. Let’s see why?
Solana is experiencing two major positives.
First of all, Binance’s Official Twitter hinted that BNSOL will be launched soon. Project parties often announce important updates at conferences. This time it may drive Solana up. Although we cannot say that it will definitely surge, the chance is not small.
In addition, Solana’s coin price has already fallen back a lot. Even without these favorable factors, it is still cost-effective to ambush some now, and the profit and loss ratio is relatively good.
BNB
BNB's BSC mainnet will undergo a hard fork upgrade on September 26. This upgrade will allow validators to produce blocks continuously, significantly improving the performance of the BSC chain. The good news will push BNB to strengthen. The best time to enter the market may be September 4, because after the BNB mining is completed, Ton may have a small correction for a few days, which is just right for a low-price layout. In addition, CZ will return strongly at the end of September. With various favorable factors, BNB is expected to usher in a wave of increases in late September.
AI Section: FET, Render
During the Apple conference on September 10, AI sectors such as Fet and Render are expected to usher in a wave of popularity . At the same time, due to the first national debate between Trump and Harris, People will also strengthen on this day and have begun to show an upward trend. These are all good times for you to seize the opportunity to make money!
That’s all for today’s article. We are currently in a bull market, and things are turbulent. We share passwords every day.
