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8.6
News: The next factor driving BTC's rise also includes other countries incorporating BTC into their strategic reserves, such as Indonesia, which has a population of 280 million. Just yesterday, the Indonesian Vice President's office invited Bitcoin supporters to discuss.
The feasibility of adopting Bitcoin as a national reserve asset; as we all know, the UK has always been a follower of the US, and London is also a global financial center. The former UK Chancellor recently stated that the UK has fallen behind in the cryptocurrency sector, "We have completely been left behind. It's time to catch up." Therefore, it is very likely that the UK will be the next country to incorporate BTC into its strategic reserves. If three major countries adopt BTC as a strategic reserve within two years, the price of BTC will also rise significantly.
BTC
Yesterday, what I said to him was that if 115300 doesn't stabilize, it will go for a second bottom test. Currently, it aligns with expectations. At this point, the main theme is likely to be dominated by volatility. As long as the big coin doesn't drop below 112000, it will oscillate around the current triangular position for correction. Therefore, to summarize, at this position, there are opportunities for both long and short positions in the short term. Focus on the support and resistance levels: resistance at 114100 and 115300, support at 112800-112000.
ETH
At the current position of Ethereum, it was mentioned to everyone yesterday that the upward height from this position will not be very significant, unless there is continuous positive news to drive the market upward, which could potentially change the relationship between the main chart and the secondary chart. Currently, the daily level still needs to be monitored and corrected, so at this position, it is highly likely that it will mainly fluctuate. Therefore, both long and short positions have opportunities. The four-hour position is facing a directional choice. At this position, support is at 3530-3448-3375 and resistance is at 3712-3808.
#Gate ETH 挖矿年化收益 5%#