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Event ends: August 9, 16:00 UTC
More details: https://www
This early morning, at the end of the month, some are happy while others are worried. The inventory accumulated from a month of hard work has been washed away in this back-and-forth, rendering your efforts futile. Without a systematic approach to the Dan model and without the severe reprimands of bystanders, when the inflated desires become uncontrollable, it marks the beginning of a descent into the abyss. Our current price Dan has provided a range of nearly k points. For those who are further up, congratulations, if you missed it, there’s no regret, the market has always been there, and Old Lu has always been here.
Bitcoin returned to the support level again in four hours, standing above the lower boundary of the range, with the MACD index leveling out around -290, indicating a clear downtrend. The histogram shows a shift to neutral. Currently, the price is still in between. On the hourly chart, after a rebound, the price formed a shooting star, lacking upward momentum, with clear resistance above. Overall, the market outlook remains bearish, with Bitcoin looking down towards the 117400-117000 area, focusing on around 116000. Ethereum is looking down towards around 3790, focusing on around 3720.