BTC

In the early morning, the Shanghai State-owned Assets Supervision and Administration Commission announced that they are collectively learning about cryptocurrencies and deeply understanding what stablecoins are. As soon as this was said, Bitcoin quickly broke its previous high again. The Shanghai State-owned Assets Supervision and Administration Commission manages a funding scale of trillions, so after learning, they must apply it in practice. Currently, the stablecoin market is indeed very underdeveloped in China, so to keep up with the trends of the times, they have to embark on this path again. It has been said that in the third and fourth quarters there will definitely be a wave of relatively good market conditions. Now that Bitcoin is already at a new high, chasing the price at this position will definitely be relatively high. As the weekend approaches, it is likely that the market will mainly move sideways, so during the day we need to pay attention; there may be a pullback. However, I personally believe that any pullback will be an opportunity because the overall direction is upward, with support at 114000 and 112500.

ETH
Ethereum has been telling him in the past few days that the market has not finished moving yet, and it is the same now. Both the daily and weekly levels have not completed their movements. Therefore, next week or over the weekend, if it pulls back, it will be an opportunity for us. During the day, we should pay attention to the pullbacks on the 15-minute and 1-hour charts. Key support levels to watch are around 2885 and 2855, with resistance at 2970-3050. The market during this period has generally been sideways during the day and has started to rise at night.

#BTC再创新高#