Bitcoin and Ethereum are waiting and paying attention to the opportunity to short weak altcoins.

CN
8 months ago

Bitcoin

Medium to Long-term Trend:

Bitcoin has experienced a high-level rebound due to the CPI news. It is currently necessary to pay attention to whether the high-level rebound has ended, when it will end, and the sustainability of the uptrend.

There are two possible trends to follow: either a strong and continuous uptrend, or a reversal downtrend after the high-level rebound ends, completing the departure phase of the high-level center and continuing to look below 60,000.

Short-term Trend:

Weekend high-level oscillation, short-term trend. If it falls below the lower edge of the center at 65,600, it confirms a weakening trend. Otherwise, there is a possibility of continued upward movement. Of course, I believe that there won't be much upward movement after the rise.

Ethereum:

Medium to Long-term Trend:

It is expected to oscillate in the range of 2,800-3,400 in the next month.

Short-term Trend:

Oscillation repair, constructing a center at a high level, with a possibility of continued upward movement in the next two days.

WLD:

Range oscillation, high selling and low buying within the day, continue to short.

SOL:

Short-term adjustment risk, the previous trend was too strong, it is advisable to wait and see.

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