Open a position and buy this! 20240724

CN
2 months ago

Good evening, everyone!

The military thinking of great men is still an important theory guiding my market trading. Not engaging in unprepared battles, yes, every buy and sell must be carefully considered, especially the timing of buying. A good entry point will make our profit-taking point much easier.

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Regarding the latest news from TechFlow, on July 24th, according to Coindesk, Alice Liu, research director of CoinMarketCap, stated that the cryptocurrency market is currently in a "wait-and-see" state, and traders expect the price trend of Bitcoin to remain calm until new comments are made by the US presidential candidates. Liu pointed out that the market is waiting for some key catalysts to take effect, especially President Trump's speech at the Nashville Bitcoin Conference on July 25th. She predicted that Trump might announce that Bitcoin will be used for national reserves. If this news is true, it will trigger a parabolic rise in the price of Bitcoin.

BTC: Looking at the 4-hour chart, the price continues to stay below the Bollinger Band midline, and the trend remains volatile.

Looking at the daily chart, the price continues to stay near the moving average and remains volatile.

In summary, the support level is 66100, and the resistance level is 66600.

ETH: Looking at the 4-hour chart, the price continues to stay below the Bollinger Band midline, and the trend remains volatile, with the support level at 3450 and the resistance level at 3470.

LTC: The price is above the Bollinger Band midline, showing a good trend, with the support level at 72 and the resistance level at 75.

BCH: The price continues to stay below the Bollinger Band midline, and the trend remains volatile, with the support level at 360 and the resistance level at 380.

That's all for now, good night!

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