The rise continues, has the bull trend arrived?
- 20:30 US September New York Fed Manufacturing Index
- 22:00 US September One-Year Inflation Rate Expectation
- 22:00 US September University of Michigan Consumer Confidence Index Preliminary Value
I. Bitcoin
- Daily chart: The price has broken below the trend line and is testing the support at 25,000. Pay attention to the test results in the future.
- 1-hour chart: After breaking above the 26,200 level in the short term, the price continues to rise. There is still a possibility of further upward trend if this support is not broken in the future.
II. Ethereum
- Daily chart: The price has already broken below the trend line and the 1,630 level. Pay attention to the results of the rebound test in the future.
- 1-hour chart: After breaking above the 1,610 level in the short term, the price continues to rise. There is still a possibility of further upward trend if this support is not broken in the future.
I. Bitcoin
- Yesterday's view:
Summary: After the price briefly fell to test the 26,400 level, it rebounded again. There is still a possibility of further upward trend if this support is not broken in the future. Pay attention to the resistance levels at 26,850 and 27,670; if broken, it will return to a downtrend, with support levels at 25,500 and 24,900.
- Future trend:
After a brief pullback without breaking below the 26,400 level, the price continued to rise and successfully reached the first target at 26,850, reaching as high as 26,880.
II. Ethereum
- Yesterday's view:
Summary: After the price briefly fell to test the 1,580 level, it rebounded again. There is still a possibility of further upward trend if this support is not broken in the future. Pay attention to the resistance levels at 1,660 and 1,695; if broken, it will return to a downtrend, with support levels at 1,550 and 1,500.
- Future trend:
After a brief pullback without breaking below the 1,580 level, the price continued to rise, reaching as high as 1,644.
I. Bitcoin
Summary: After the price briefly broke above the 26,200 level, it continued to rise. There is still a possibility of further upward trend if this support is not broken in the future. Pay attention to the resistance levels at 27,500 and 28,400; if broken, it will return to a downtrend, with support levels at 25,800 and 25,000.
II. Ethereum
Summary: After the price briefly broke above the 1,610 level, it continued to rise. There is still a possibility of further upward trend if this support is not broken in the future. Pay attention to the resistance levels at 1,660 and 1,695; if broken, it will return to a downtrend, with support levels at 1,550 and 1,500.
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