Good evening, everyone!

Even scholars need to shout out in new media,

Technology brings acceptance rather than confrontation,

Feeling a bit embarrassed and tongue-tied,

But fortunately, there are some kind encouragements in the end!

It's not embarrassing to make a living in a straightforward manner.

……

The well-known crypto research institution 10x Research posted on the X platform, stating that Bitcoin remains one of the most attractive assets in terms of risk/return potential. Since warning of downside risks following the peak of Bitcoin in March-April, the institution has taken a tactically optimistic stance after the sharp decline in Bitcoin. Several previous reports support its more optimistic outlook for a surge in Bitcoin. In addition, breaking the downtrend line of Bitcoin may indicate a stronger upward momentum, potentially pushing Bitcoin above the 21-week simple moving average ($60,996), a key indicator of whether it is in a bull market (upward) or a bear market (downward). Breaking this level will set the target at $65,000 (which is now within reach). It is worth noting that the current trading signal has increased long positions to 70% of net long positions for the first time. According to historical pattern analysis, this shift indicates that Bitcoin and Ethereum may provide attractive buying opportunities in the next 2-3 months.

BTC: Looking at the 4-hour chart, the price continues to stay above the midline of the Bollinger Bands, showing a strong trend.

Looking at the daily chart, the price continues to stay above the moving average, showing a strong trend.

In summary, the support level is at 63400, and the resistance level is at 64000.

ETH: Looking at the 4-hour chart, the price continues to stay near the upper Bollinger Band, showing a strong trend, with the support level at 2540 and the resistance level at 2570.

LTC: The price continues to stay above the midline of the Bollinger Bands, showing a strong trend, with the support level at 64 and the resistance level at 68.

BCH: The price continues to stay above the midline of the Bollinger Bands, showing a strong trend, with the support level at 330 and the resistance level at 350.

That's all for now, good night!

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