As we approach the last hour of the month, the market's volatility begins to increase under the influence of coal bones. We have mostly grasped the previous strategies, and currently, BTC keeps testing the support level of 108k, while ETH has already started to decline. The market could go in two directions, so it is essential to stabilize the formation, maintain the right rhythm, avoid being stubborn, understand what the trend is, and know how to find opportunities!


From the four-hour view of BTC, the movement is still characterized by a rise followed by a fall. After facing pressure from above, it has shown a continuous bearish trend with successive downward candles. The trend has also changed, maintaining a persistent weak condition. The MACD fast and slow lines are crossing downwards. In the one-hour structure, the candlestick is forming a large bearish engulfing pattern, indicating market sentiment is leaning towards bearishness. Overall, it can be expected to continue to pursue bearishness in the future, with BTC ranging around 118000-118300 for bearish entries, and around 117000. For ETH, look for bearish entries around 3790, paying attention to the area around 3740.
BTC-1.79%
ETH-4.01%
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LaoLu_sViewOnTheCryvip
· 07-31 14:52
gongzhonghao coin voucher Lu Ge
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