September 11, Kōku: After a night of decline, will it usher in a bear market?

CN
1 year ago

After a night of decline, is it time for the bears to come?

A certain whale address exchanged 452.911 billion PEPE for 194.31 ETH.

Extra: The big shots are starting to make moves on the "aunties" again~

The PayPal stablecoin PYUSD has only one non-trading wallet with a balance of over $10,000 since its release.

Extra: The stablecoin cake is not that tasty~

Bitcoin

  1. Daily chart: The price has broken below the trend line, but rebounded after testing the 25,000 support level, and the later focus is on its change in form.

  1. 1-hour chart: After testing the 25,600 support level, there was a rebound, and there is still a possibility of further upward movement if this support is not broken.

Ethereum

  1. Daily chart: The price has broken below the trend line, but has not effectively broken the 1,630 support level, and the later focus is on its change in form.

  1. 1-hour chart: After briefly breaking below the 1,620 level, there was a test near this level, and there is still a possibility of further upward movement if this resistance is broken.

Bitcoin

  1. Yesterday's view:

Summary: After testing the 25,600 support level, there was a rebound, and there is still a possibility of further upward movement if this support is not broken. The upper resistance is at 26,800 and 28,000; if broken, the downward trend will continue, and the lower support is at 25,330 and 24,600.

  1. Later trend:

After a pullback without breaking the 25,600 support level, there was another rebound, reaching as high as 26,037.

Ethereum

  1. Yesterday's view:

Summary: After testing the 1,620 support level, there was a rebound, and there is still a possibility of further upward movement if this support is not broken. The upper resistance is at 1,690 and 1,740; if broken, the downward trend will continue, and the lower support is at 1,575 and 1,496.

  1. Later trend:

After falling below the 1,620 level, there was a rebound, reaching as low as 1,590.

Bitcoin

Summary: After testing the 25,600 support level, there was a rebound, and there is still a possibility of further upward movement if this support is not broken. The upper resistance is at 26,800 and 28,000; if broken, the downward trend will continue, and the lower support is at 25,330 and 24,600.

Ethereum

Summary: After briefly breaking below the 1,620 level, there was a test near this level, and there is still a possibility of further upward movement if this resistance is broken. The upper resistance is at 1,690 and 1,740; if broken, the downward trend will continue, and the lower support is at 1,575 and 1,496.

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