Good morning ☀ Iron powder clock in 👍 Like to make a fortune 🍗🍗🌹🌹

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There were no black swans like 519 in the crypto world this year, but there was the torment of a long month from 6.18 to 7.5! For most altcoins, the decline in the past month has exceeded that of 519. But for old suckers who have experienced 519, what is there to be afraid of? After 519, BTC experienced two months of volatility and correction, breaking historical highs from July to October, and all the Spot positions turned from loss to profit. However, many people chose to Cut Loss and regretfully exited at that time. So there is no need to be blindly pessimistic, patiently wait for the market to recover, and opportunities will always belong to those with positions.
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Currently, from the daily chart perspective, after BTC broke below the previous low of 56500 and formed a Long Wick Candle bearish candle, it tested the 53500 support and started to rebound. The rebound momentum has exceeded expectations, and it has now reached the 58000 level. The market has exhibited a rapid rebound trend similar to the previous one. On the daily chart, the key resistance range is between 60200-60500. If the rebound fails to break through this area, the overall trend remains bearish. Next, pay attention to the short-term resistance at the 58800 level. A small short position can be considered if it reaches this level intraday. Follow the 58800 resistance above, and then focus on the 60500 area. Support is at the 55000 level.
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The daily rebound of ETH basically meets expectations. After breaking through the 3100 level, it will test the previous low of 2800 before bottoming out. The lowest test will start rebounding near 2805. According to the previous trend, the 2800 level will not be easily broken through. Currently, it has reversed to around 3080. The rebound price has not broken through the key pressure zone of the four-hour middle track. Although the short-term trend is strong, it has not broken through the position. The overall trend is still weak, and the daily price is still below the Bollinger lower track. The resistance above has not only moved down, but also the key focus for today is to follow the breakthrough situation of 3120. Tomorrow is the last day of the weekend, and the overall market performance will also be observed next week!