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Today is Day 692 of my daily updates. If you think I’m a serious person, you can go along with me, and I hope the content every day can help you. The world is big, and I’m small. Tap follow so it won’t be hard to find me.
The market is slightly up; it has recovered some of the losses from the past two days. For BTC, support is around 61,800, and resistance is around 65,500. In the near term, I’m looking for a rebound—waiting for a higher high. As for ETH, support is near the 1,700 level, while resistance is still around 1,820 as mentioned in the past two days—waiting for the moment it spikes upward.
Recently, U.S. stocks and even Korean stocks have started “harvesting.” In a certain sense, this might not be a bad thing for the crypto space—once the wealth-creation effect is gone, the return of capital should just be a matter of time.