Good evening, brothers!
"When Mr. Market is feeling cheerful, he only sees the favorable factors for businesses. In this mood, he will quote very high buy and sell prices because he fears you will snatch his profits away from him; when Mr. Market is feeling down, he only sees the negative factors for businesses and the world. In this pessimistic mood, he will quote a very low price because he fears you will dump your shares on him."
Just like when ETH hadn't risen yet, how many people criticized Vitalik as VD, and now they are starting to be bullish again. The market is often like this; after two days of rising, it's a bull market, and after two days of falling, it's a bear market.
……
JPMorgan is considering accepting customer cryptocurrency as collateral for loans, which is a significant signal that the largest bank in the U.S. is beginning to recognize digital assets as part of the mainstream financial system.
On Tuesday, July 22, media reports cited informed sources revealing that JPMorgan may start directly accepting cryptocurrencies like Bitcoin and Ethereum as loan collateral as early as next year. The related plans are still in progress and may be adjusted. In contrast, competitors like Goldman Sachs do not yet accept cryptocurrencies as collateral.
Private group contract perfectly profitable:
BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, showing a strong price trend.
On the daily level, the price continues to oscillate near the moving average, showing a moderate price trend.
In summary, support level at 119,000, resistance level at 119,400.
ETH: On the 4-hour level, the price continues to oscillate near the middle band of the Bollinger Bands. After forming a bottom, there will still be room for a rebound, with a support level at 3,690 and a resistance level at 3,720.
LTC: The price continues to oscillate near the middle band of the Bollinger Bands, with a support level at 110 and a resistance level at 130.
BCH: The price continues to stay below the middle band of the Bollinger Bands, showing a weak price trend. The short-term market is approaching oversold conditions, so pay attention to rebound opportunities, with a support level at 510 and a resistance level at 530.
That's all for now, good night!
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