This week is a crucial week, and it coincides with the end of the month, where the monthly closing is approaching and both bulls and bears will begin to compete for the closing position. The dividing line for BTC this week is 112000. If this level is broken during the week, then a retracement at the weekly level will begin. The larger the level, the greater the retracement amplitude, so it is important to manage your positions wisely. Currently, the expectation for interest rate cuts in September still exists. Whether there will be a cut, and whether the impact will turn from positive to negative after the cut is uncertain, so it's essential to be prepared for both scenarios and manage positions appropriately.
BTC analysis Focus on 112000, support may break or hold at the 1-hour level. Pressure 113500, 114600, 115600, 117000 Support 110500, 109400, 118200, 117000
ETH Analysis Pay attention to 4663, support at the 1-hour level has broken down or stabilized. Pressure 4718, 4768, 4850, 4888 Support 4614, 4568, 4488, 4440
SOL Analysis Pay attention to 202, whether the 1-hour level support breaks or stabilizes. Pressure 206, 209, 212, 215 Support 200, 198, 195, 192
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.
Analysis of BTC ETH SOL on the 8.25 day
This week is a crucial week, and it coincides with the end of the month, where the monthly closing is approaching and both bulls and bears will begin to compete for the closing position. The dividing line for BTC this week is 112000. If this level is broken during the week, then a retracement at the weekly level will begin. The larger the level, the greater the retracement amplitude, so it is important to manage your positions wisely. Currently, the expectation for interest rate cuts in September still exists. Whether there will be a cut, and whether the impact will turn from positive to negative after the cut is uncertain, so it's essential to be prepared for both scenarios and manage positions appropriately.
BTC analysis
Focus on 112000, support may break or hold at the 1-hour level.
Pressure 113500, 114600, 115600, 117000
Support 110500, 109400, 118200, 117000
ETH Analysis
Pay attention to 4663, support at the 1-hour level has broken down or stabilized.
Pressure 4718, 4768, 4850, 4888
Support 4614, 4568, 4488, 4440
SOL Analysis
Pay attention to 202, whether the 1-hour level support breaks or stabilizes.
Pressure 206, 209, 212, 215
Support 200, 198, 195, 192
Daily analysis is for reference only, please manage your position and average price reasonably.
#BTC #ETH #ETH创历史新高 #山寨币市值上涨2.64% #加密市场反弹