Currently, many people are asking about the future market trend: Has the bull market ended? Will Bitcoin continue to rise? History and experience tell us that bull markets often emerge in despair, grow in doubt, and come to an end in widespread madness. At present, the bull market train of Bitcoin seems to be accelerating, aiming directly at the $100,000 mark. Looking ahead to the future market trend, there are several key events worth paying attention to: 1. The Federal Reserve's interest rate decision: Interest rate cuts may increase market liquidity and drive up cryptocurrencies such as Bitcoin. 2. The movement of large Bitcoin funds: The buying and selling behavior of large funds such as BlackRock is an important signal for the market. There has been no large-scale selling so far, and the bull market is still ongoing.



โ˜†

Bitcoin remained calm in the weekend market with little fluctuation. After a sharp fall on Friday, it corrected through weekend oscillation. The daily chart has not broken the long-term uptrend line, and encountered significant pullback at 72000. This has occurred many times in March and April, and this pullback will not lead to a reversal. The daily support watershed is at 66500-67000. Unless this level is broken, there will be further downward trend on the daily chart. In the short term, we will first see if the low point of 68300 from yesterday will be broken. If it bounces back and reclaims 70000, then the short term will continue to be bullish.

โ˜†

Ethereum has been strongly influenced by FOMO sentiment in every round, and the same is true for this round of decline. The price of the currency has fallen straight through multiple layers of support at 3820-3750-3680-3620 to 3568. In the short term, the rebound structure oscillated above 3650, with the upper resistance at 3720. The weekend market was able to breathe and correct, with attention to the support level at 3620 and the daily watershed at 3480 in the future. Short-term operations are mainly focused on testing whether the bottom support is effective!
BTC2.28%
ETH0.96%
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Z5185ZFvip
ยท 2024-06-09 12:57
Bullish reversal ๐Ÿ‚
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LightCloudsOnTheHorivip
ยท 2024-06-09 12:57
666
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EternalWildernessvip
ยท 2024-06-09 07:37
Show Hand All in ๐Ÿ™Œ
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RyoSaebavip
ยท 2024-06-09 06:58
Thank you for this analysis
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CryptoMollyvip
ยท 2024-06-09 04:48
Ambush hundredfold coin ๐Ÿ“ˆ All in ๐Ÿ™ŒThe anchor's mindset is clear and can think independently about the market, providing expectations that can attack and defend๐Ÿ‘
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EarnItFirst10wvip
ยท 2024-06-09 04:22
Seize the trend and make a fortune in 2024! ๐Ÿ’ธ
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DuduLovesBunnyvip
ยท 2024-06-09 01:11
Bull returns quickly ๐Ÿ‚
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Midouvip
ยท 2024-06-09 01:05
666
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YufuYuuo1vip
ยท 2024-06-09 00:59
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GateUser-89b43241vip
ยท 2024-06-09 00:34
Ambush 100x coin ๐Ÿ“ˆ All in ๐Ÿ™Œ Bull returns quickly ๐Ÿ‚ Ambush 100x coin ๐Ÿ“ˆ Bull returns quickly ๐Ÿ‚ Ambush 100x coin ๐Ÿ“ˆ Bull returns quickly ๐Ÿ‚ Bull returns quickly ๐Ÿ‚ Ambush 100x coin ๐Ÿ“ˆ Ambush 100x coin ๐Ÿ“ˆ Ambush 100x coin ๐Ÿ“ˆ Bull returns quickly ๐Ÿ‚ Ambush 100x coin ๐Ÿ“ˆ Bull returns quickly ๐Ÿ‚
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