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Cryptocurrency News Video
5.7 #btc #eth Bitcoin and the heavyweight coin SOL are blocked at the resistance level. Are they about to enter the adjustment stage? (BTC/ETH/Bitcoin/Ethereum/bitcoin/ethereum analysis)
May 08, 2024 at 03:36 am 老俞区块链
Looking at Bitcoin today, yesterday we talked about an upward attack around the 15-minute Vegas channel. After encountering resistance near 65500, it fell back to the short-term major support point and then fluctuated for a day. Today, we observed that Sol hit a new high in the short-term afternoon. But it did not continue its upward impact. After four hours of observation, we can see that it was suppressed by the resistance level and has not broken through. In other words, in the short term, Bitcoin and Sol are both at the resistance level. Needless to say, Ethereum is weaker, so in the short term here It seems that Bitcoin and Sol, two relatively strong weighted mainstream coins, have reached resistance levels. In the short term, Bitcoin will have an opportunity to attack after receiving strong support. If it still does not rise, it will enter the adjustment stage with other weighted coins and wait for new trends. The weight coin relay pulls the market.
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