Sunday #Bitcoin Market: The 1-hour chart continues to fluctuate and correct, while the 4-hour chart gradually recovers its candlestick pattern. Support remains closely watched around 114,300. If the 4-hour chart breaks, further downward movement is expected. If the 4-hour chart fails to break below and rebounds, short-term resistance remains around 116,700. #ETH is currently trending strongly. The 1-hour chart maintains a low range, with the Bollinger Bands shrinking to 70 points. A breakout is expected on Sunday. Although the 4-hour chart has fallen after reaching a record high, it remains above the MA7 level, indicating a strong trend. Although the daily chart has reached a record high, selling pressure and turnover are not significant, and no valid top pin bar signal has appeared. Currently, ETH is outperforming BTC.
This article is machine translated
Show original

Cato_KT
@Cato_CryptoM
08-24
“为什么都确定降息了,感觉价格涨不动”?
如果你不是一位本周刚进场的小伙伴,其实你应该清楚,其实交易降息已经完成了大半,经过鲍威尔讲话继续推高降息预期后,甚至降息预期交易,已经交易了90% x.com/Cato_CryptoM/s…


From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share





