First, let's review that the Bitcoin retraced to around 113300 as expected yesterday and then fluctuated around 112000, while Ether has been consolidating sideways. Looking back at the last major drop, it also consolidated for a very long time. Remember this: the longer the consolidation, the bigger the market movement.
First, let's talk about the big pie. First, look at the position 111500. If it is not pierced, we can first look at around 113000. If it breaks through, continue to look around 114000.
The key position of Ether is at 4110. If it can hold, first ↑ look at 4268. If it breaks through, continue ↑ look at 4320.
For educational exchange only, investment in financial management carries risks, please be cautious! #币圈 #区块链
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Sir Zhu's 9.24 Bitcoin Ether Silk Road sharing
First, let's review that the Bitcoin retraced to around 113300 as expected yesterday and then fluctuated around 112000, while Ether has been consolidating sideways. Looking back at the last major drop, it also consolidated for a very long time. Remember this: the longer the consolidation, the bigger the market movement.
First, let's talk about the big pie. First, look at the position 111500. If it is not pierced, we can first look at around 113000. If it breaks through, continue to look around 114000.
The key position of Ether is at 4110. If it can hold, first ↑ look at 4268. If it breaks through, continue ↑ look at 4320.
For educational exchange only, investment in financial management carries risks, please be cautious! #币圈 #区块链