[Analyst sees the market outlook] If it goes up, it will go up, and it will not go down well!

30,000 US dollars, as long as there is not a particularly big negative, here is almost unbreakable

Btc analysis: 

Coin World-[Analysts look at the market outlook]

The next stage that brings Ethereum closer to proof of stake is EIP-1559, also known as the London hard fork. The upgrade proposes to replace Ethereum’s “first price auction” fee model with a basic network fee, which can be modified according to the needs of the network. It hopes to solve the problem of high gas and transaction fees in the blockchain. It also aims to make ETH a deflationary token by destroying basic network fees. Due to the upcoming scarcity, analysts and traders believe that the Ethereum market has huge upside potential. The bullish logic is simple: the supply of Ethereum in circulation is decreasing day by day, while the demand is increasing, which will make it more valuable than it is currently. Therefore, ETH/BTC has been rising since 2021. 

The total value of Ethereum locked in has soared in the past year. The pledge in the upcoming Ethereum 2.0 (Proof of Stake Consensus Model) also led to the transfer of Ethereum from the trading platform. The depletion of Ethereum in the exchange will lead to a shortage of circulation, and Hua Ge believes that this may have a positive impact on prices.

The rise does not give you a good rise, a slight rise will fall back to its original shape, and a fall will not give you a good fall. A slight fall will bounce back. The main force is one purpose. Here, we will harvest the retail investors in the market back and forth, and wait for the retail investors. With money, the rise will not be far off. Back to today’s disk, Bitcoin broke below the 5-day moving average and 10-day moving average support. This is more dangerous, because the lack of the support of the moving average will be more conducive to the operation of the air force, and it will be more labor-saving when it is smashed. I think there is a particularly important support level of 30,000 US dollars. As long as there is no particularly big negative, it is almost impossible to break here. The chips near 30,000 US dollars are bold and low! Brother Hua doesn’t recommend chasing the rise and the fall. If it falls too much, buy a little bit, and if it rises too much, it will automatically sell a little bit. Wouldn’t it be fun to make a difference back and forth! Support level: 31000, pressure level 34000.

eth analysis:

Coin World-[Analysts look at the market outlook]eth had a strategy in July, buying small for small drops, buying big for big drops, don’t persuade, just do it. The support level is 2000 and the pressure level is 2200.

bch analysis:

Coin World-[Analysts look at the market outlook]Bch lost all the moving average support, linked to the market, weaker than the market, and will continue to adjust in a short time, it is difficult to have a good market, Hua Ge recommends holding the bottom position and wait and see. The support level is 460 and the pressure level is 500.

bsv analysis:

Coin World-[Analysts look at the market outlook]Bsv did not break below 134 after three dips. It only shows that there is a certain degree of support. Hua Ge thinks that if he participates, he must wait around 110 or wait for a big Yang line to stand on three moving averages. At this position, Hua Ge recommends wait and see as the best policy. Support 134, pressure 144.

ltc analysis:

Coin World-[Analysts look at the market outlook]ltc fell below the 5-day moving average and 10-day moving average support. The short-term trend is relatively weak. Hua Ge believes that now is not a good opportunity to participate, so continue to hold the bottom position. The support level is 125 and the pressure level is 135.

Link analysis:

Coin World-[Analysts look at the market outlook]

The link 15 USD has been tested twice on the weekly line and it has not broken, which proves that the support is very strong. There is no big bearish here and it is difficult to break. Hua Ge recommends referring to the 15 USD support, buy small for small drops, buy small for big drops. The support level is 17.0, and the pressure level is 19.0.

ada analysis:

Coin World-[Analysts look at the market outlook]ada confirmed that it fell below the 10-day moving average support, and there will be a risk of callback in the short-term. In operation, Hua Ge recommends rebounding to lighten up, and after lightening up, hold the bottom position and wait and see. Support level is 1.28, pressure level: 1.38.

xrp analysis:

Coin World-[Analysts look at the market outlook]XRP is obviously weaker than other currencies. There is no heavy volume Yang line. Hua Ge recommends to continue to hold the bottom position. Even if there is a heavy volume Yang line, small positions should be involved, and too many bullets should not be wasted. The support level is 0.57 and the pressure level is 0.66.

zec analysis:

Coin World-[Analysts look at the market outlook]The zec moving average began to line up with short positions, the volume was extremely shrinking, and the market participation was not high. Hua Ge thinks it is not suitable to participate now, so continue to hold the bottom position. The support level is 105 and the pressure level is 115.

xtz analysis: 

Coin World-[Analysts look at the market outlook]Xtz deviated from the macd rebound in one hour. Hua Ge expects that the height of the rebound will not be too high. At most, it will rebound near the 5-day moving average. It is difficult to have a big market in the short term. Hua Ge suggests to wait and see. Support level is 2.55, pressure level: 2.80.

dot analysis: 

Coin World-[Analysts look at the market outlook]The daily fluctuation trend of dot is relatively obvious, and the callback is the opportunity to cover up positions in batches. Continue to be optimistic. It is recommended to buy small declines and buy large declines. Support level: 14.8, pressure level: 16.5.

uni analysis:

Coin World-[Analysts look at the market outlook]Uni fell below the 5-day moving average support, Hua Ge suggested rebounding to lighten up, but you should leave a bottom position for yourself. After all, uni is the leader of defi. In the future, the ether will strengthen and the defi sector will follow up, and the bottom position must be retained. Support level: 19.5, pressure level: 21.5.

sushi analysis:

Coin World-[Analysts look at the market outlook]Sushi’s downward pin fell below the 5-day moving average support. Let’s take a look for a moment. Frequent operations are easy to lose money. Hold the bottom position and wait and see. The support level is 7.6 and the pressure level is 8.5.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/analyst-sees-the-market-outlook-if-it-goes-up-it-will-go-up-and-it-will-not-go-down-well/
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