$BTC 9.14BTC market analysis BTC long-term bullish, with two types of red and yellow route structures: 1. Red: Z-wave walks the triangle abcde structure, currently rebounding in d-wave Rebound, there is still an e-wave retracement later, which will not break the new low, maybe in the 55-56 zone. 2. Yellow: Z wave adjusts BCH, and the subsequent C wave decline will break the previous low of 49000. Currently leaning towards the red triangle structure. #CryptoObservers
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Can ETH Rebound with the Interest Rate Cut?
$BTC 9.14BTC market analysis
BTC long-term bullish, with two types of red and yellow route structures:
1. Red: Z-wave walks the triangle abcde structure, currently rebounding in d-wave Rebound, there is still an e-wave retracement later, which will not break the new low, maybe in the 55-56 zone.
2. Yellow: Z wave adjusts BCH, and the subsequent C wave decline will break the previous low of 49000.
Currently leaning towards the red triangle structure.
#CryptoObservers