8.10 Ethereum (ETH) market analysis reference
Recently, many fans have been asking me why Ether is so strong. Perhaps everyone thinks that Ether has been performing well these days because of Trump's actions during this time, like signing administrative orders for pensions, or the $12.5 trillion that might flow into the market, or pressuring banks, etc. This is actually a huge misunderstanding; it is not the reason at all. If these events were the cause of favorable conditions, Bitcoin should be leading the charge, but the reality is that only Ether is taking off. It has now reached 4300 point

Crypto World Mr. Coin: 8.9 Ethereum (ETH) market analysis reference;
Ethereum has broken through as expected, continuing to reach new highs. As of the time of writing, it has touched around the 4070 position and is under pressure, leading to a pullback. In the short term, the market remains in high-level consolidation. So far, the price has increased by nearly 200 points, but the overall upward trend remains unchanged. Moving forward, wait for a pullback to reach support and consider entering long positions.
Ethereum's market has broken previous levels and returned to the previous oscillating

Crypto World Mr. Coin: 8.9 Bitcoin (BTC) market analysis reference;
After the rebound of Bitcoin during the day, the overall situation has also improved. The price finally stabilized above 116000, although it briefly touched around 117500 at a high point, it quickly fell back, and the market began to enter a consolidation phase at a high level. The focus going forward is still on the daily resistance level at 116800, which has been touched multiple times during the day and serves as a boundary between bulls and bears. If it can break through and stabilize, the upward trend is expected to conti

Crypto world coin Mr.: 8.8 Ethereum (ETH) market analysis reference;
Ethereum's rebound strength exceeds that of Bitcoin, successfully breaking through multiple layers of resistance, and continuing its upward trend, returning to the area above 3800. Looking at the hourly chart, Ethereum has broken out again and is moving upward, with the upper band of the Bollinger Bands opened. The price is expected to test further upwards, so I hope all coin friends are prepared in advance. In the short term, pay close attention to the support level at 3780, which is the previous resistance position. As long

Crypto world Coin Mr.: 8.8 Bitcoin (BTC) market analysis reference;
Bitcoin opened today continuing yesterday's upward trend. Last night, the market broke through the resistance line at 116,000, and the price surged again. This wave of movement is similar to the previous day; as of the time of writing, the high point has reached around 117,600. Short-term bullish sentiment is quite strong, and this wave of upward movement has further extended. As mentioned in yesterday's article, if the resistance area at 116,800 is broken again, the upward space will be further extended.
Currently, bullish se

Crypto world Mr. Coin: 8.7 Ether (ETH) market analysis reference;
The intra-day market for Ethereum has also seen a pullback and moved upwards, but the overall strength is not strong. The subsequent supply for bulls is clearly insufficient. As of the time of writing, the high has reached around 3700, and the current price is running near the 3690 position. In the short term, there is some recovery for the bulls, and the intra-day trend of Ethereum is fluctuating widely. The market has not shown a strong breakout, so it is not advisable to blindly chase the rise in operations. Be cautious of ma

Crypto world Coin Mr.: 8.7 Bitcoin (BTC) market analysis reference;
Bitcoin's intraday performance continues to be in a range consolidation. After the price retraced to around 113300 in the afternoon, it rebounded. Currently, the trend has broken through the 115000 resistance area, with slight upward movement as it approaches the high of around 115700. The intraday increase is nearly 2000 points. Overall bullish sentiment has somewhat recovered, and the downtrend has been temporarily suppressed. If the price can stabilize at 116000, it is expected that the market may break through the key resi

Crypto world Mr. Coin: 8.6 Bitcoin (BTC) market analysis reference;
Bitcoin's bullish sentiment warmed up slightly yesterday, with the price briefly breaking the 115000 line before facing resistance. Subsequently, the price continued to pull back, and at present, it has retreated to the 114000 area. The intraday bullish sentiment has weakened, and the market has once again entered a range consolidation.
On the daily chart, although the price rebounded yesterday, the subsequent supply was insufficient, and the trend did not stabilize and rise. Currently, it is retreating again to the support be

Crypto world Coin Mr.: 8.5 Ethereum (ETH) market analysis reference;
After Ethereum stabilized above the 3500 line in the evening, the market showed a fluctuating upward trend, with the coin price breaking through the 3700 line until early morning. The price then retraced to around 3660, forming a ladder-type rebound, and is currently running around 3730. The short-term market is biased towards upward movement, and the high point is already approaching previous resistance. The price has slightly adjusted into a high-level consolidation. If it stabilizes and breaks through again, the market is

Crypto world Coin Mr.: 8.4 Ether (ETH) market analysis reference;
Ethereum has rebounded in the short term and is currently around the 3500 level. The short-term rebound is starting to lose strength, with the upward trend pressure slowly declining. The subsequent strategy is still primarily focused on short positions, with resistance to watch around the 3530 level. If the daily rebound does not break and stabilize above this area, there is still a risk of a pullback for the day.
The 4-hour level shows a continuous decline with bearish candles. On August 2 at 04:00, there was a long lower shado

Crypto world Mr. Coin: 8.4 Bitcoin (BTC) market analysis reference;
Bitcoin's market faced pressure and retracement yesterday, with prices continuously testing downward, breaking through the short-term support at 112000. As expected, it pulled back to the 111850 line, and the trend has started to weaken. It is advised that those holding long positions should not enter blindly. During the day, prices rebounded near the 114750 position and faced pressure, with not much upward strength. The market has entered a correction phase, but the intraday trend remains weak, so be cautious of a price break

Crypto world Coin Mr.: 8.3 Bitcoin (BTC) market analysis reference;
The current trend has temporarily entered a phase of repair and consolidation, with short-term movements mainly characterized by weak fluctuations. After the market's recent adjustment, it has started to enter a period of calm correction, so the daily strategy is to find suitable opportunities for short positions at high prices and long positions at low prices. Additionally, note that after the recent few days of pullback, market panic sentiment is strong, and bullish enthusiasm has dissipated significantly. If a good rebound

Crypto world Mr. Coin: 8.3 Ether (ETH) market analysis reference;
After Ethereum faced resistance at 3530 and retraced, it has attempted multiple times to break the resistance zone without success. During the day, it retraced downwards and broke through short-term support, showing a strong downward correction, temporarily easing the decline when it reached the low of 3367. The current price is rebounding around the 3400 level, with significant short-term price volatility, and shorts have already broken downwards. Therefore, for subsequent operations, it is recommended to mainly focus on short

8.2 Bitcoin (BTC) market analysis reference
Bitcoin broke down in the evening and continued to decline, with an intraday drop of nearly 5000 points. It has currently touched a low at the 112660 position and is showing a rebound, with prices around the 113300 position. Short-term price fluctuations are considerable, so it is advised for all coin holders to manage risks carefully. Currently, the trend has rebounded and entered a corrective consolidation phase. As long as the support at 112000 is not broken, it is expected that there will not be a significant decline, so it is not advisable to bl

8.2 Ethereum (ETH) market analysis reference
Ethereum also broke down in the evening, with the price successfully breaking through the 3500 mark. The market tested the 3430 line before rebounding, and the current price is around 3490. In the short term, it is in a repair and consolidation phase, and the intra-day rebound has not stabilized around the 3600 line. However, the short-term downward trend remains unchanged, so our strategy is to short on rebounds. Pay attention to the resistance around the 3600 area.
In the 4-hour timeframe, there are consecutive large bearish candles breaking below

Crypto world Mr. Coin: 8.1 Bitcoin (BTC) market analysis reference;
Bitcoin maintained a downward trend overall yesterday, with the previous fluctuation range already broken, and support has moved down to the 116000 level. The intraday trend continued to pull back during the early hours, and the current price is operating around the 116500 line. The daily level trend still maintains a weak consolidation, and during the day, taking advantage of the wide fluctuations, if it breaks below the 116000 short-term support again, the market is expected to further retract downwards. Mr. Coin advises all

7.31 Bitcoin (BTC) market analysis reference
As of now, the intraday Bitcoin market has slightly dipped, with minor corrections and consolidations occurring throughout the day. Both bulls and bears are becoming increasingly entrenched, with prices fluctuating back and forth in the several thousand point range, currently around the 116300 position. Going forward, it is important to pay attention to the stabilization situation at the 116000 line. If the price cannot stabilize and recover, there is a possibility of a second decline in the market. I hope all coin friends are prepared in advance.
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