Has the market peaked? 20240701

CN
1 year ago

Good evening, folks!

Doesn't this resemble the current social situation? Income and parents (family background) determine which social class you belong to, whether it's the middle class or not. I remember a few years ago, the middle class seemed to be a commendatory term. Back then, people had mortgages and car loans, but their income was on the rise. But now, the middle class often feels a bit like "leeks"!

……

Last week, the iShares Bitcoin Trust Fund (IBIT) landed on the main financial market in Chile, the Santiago Stock Exchange. Silvia Fernandez, head of BlackRock Chile, stated that the spot Bitcoin ETF tool approved by the U.S. Securities and Exchange Commission (SEC) this year will now allow Chilean investors to purchase "accessible and efficient digital assets and incorporate them into their portfolios."

BTC: Looking at the 4-hour chart, the price continues to stay near the upper Bollinger Band, showing a good trend.

Looking at the daily chart, the price is above the moving average support, and there is still some room for a short-term rebound.

In summary, the support level is 62500, and the resistance level is 63000.

ETH: Looking at the 4-hour chart, the price continues to stay near the upper Bollinger Band, with a still favorable trend. The support level is 3460, and the resistance level is 3480.

LTC: The price retraced near the middle Bollinger Band, showing a weaker trend. The support level is 73, and the resistance level is 76.

BCH: The price broke below the middle Bollinger Band, showing a weaker trend. The support level is 370, and the resistance level is 400.

That's all for now, good night!

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