After the trend falls again, is it long or short?
US lawmakers urge the White House to address North Korea's use of digital assets to evade sanctions.
Extra: Blaming the White House for such a big responsibility for digital assets~
Data: Nearly 100 crypto hedge funds have closed since the beginning of the year, and crypto funds underperformed Bitcoin in the first half of the year.
Extra: After the big brother's return, the hedge fund is just a little brother~
Bitcoin
- Daily chart: After the price retraced to the 25000 level, it continued to rise, and later attention should be paid to its changes in form.
- 1-hour chart: The short-term trend fell again, testing the 28900 support level, and there is still a trend of rebound if this support is not broken in the future.
Ethereum
- Daily chart: After the price fell to the 1630 level, it rose again, and later attention should be paid to its changes in form.
- 1-hour chart: The short-term trend fell again, approaching the 1820 support level, and there is still a trend of rebound if this support is not broken in the future.
Bitcoin
- Yesterday's view:
Summary: The price's short-term trend fell again, approaching the 29000 support level, and there is still a trend of rebound if this support is not broken in the future. The upper resistance is at the 30000 and 31400 levels; if the trend breaks the support, it will continue to fall, and the lower support is at the 28200 and 27400 levels.
- Future trend:
The future trend fell back to test the 28900 support level and rebounded, reaching a high of 29145.
Ethereum
- Yesterday's view:
Summary: The price's short-term trend fell again, approaching the 1820 support level, and there is still a trend of rebound if this support is not broken in the future. The upper resistance is at the 1880 and 1930 levels; if the trend breaks the support, it will continue to fall, and the lower support is at the 1760 and 1640 levels.
- Future trend:
The future trend fell back to test the 1820 level and rebounded, reaching a high of 1832.
Bitcoin
Summary: The price's short-term trend fell again, approaching the 29000 support level, and there is still a trend of rebound if this support is not broken in the future. The upper resistance is at the 30000 and 31400 levels; if the trend breaks the support, it will continue to fall, and the lower support is at the 28200 and 27400 levels.
Ethereum
Summary: The price's short-term trend fell again, approaching the 1820 support level, and there is still a trend of rebound if this support is not broken in the future. The upper resistance is at the 1880 and 1930 levels; if the trend breaks the support, it will continue to fall, and the lower support is at the 1760 and 1640 levels.
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