According to external analysis, the encryption market rose significantly after a narrow consolidation in mid-August. Bitcoin rose to the vicinity of $72,000, above US$2,200 at the Taifung station, and some of the Yamatocococoin also rebounded. However, according to the article, several assets are more critical after rapid upswing, and it is more important to keep the breakout in place than to keep up.
Bitcointesting between $7.15 and $7.25 million
According to the article, Bitcoin had been sorted in between $63,000 and $65,000 for most of the time, with the last round of increases increasing by nearly 4 per cent a day. Prices recovered from the short-term average of $6.42 million to $6.49 million, and then re-entered the medium-term average of $6.65 million, which was significantly amplified from the previous rebound phase.
More attention is being paid to the area of $7.15 million to $7.25 million. The region, according to external sources, remains the main drag that needs to be crossed before Bitcoin moves from a rebound to a stronger trend. If $72,000 were to stabilize the station, the market would be more focused on the follow-up space near $75,000; if the breakthrough failed, $6.65 million would be the first critical support, and $64,000 to $65,000 below would remain a multi-faceted area.
After $2125 at the Etherport station, we're in a new resistance zone.
It's more urgent than a bit of a coin to bounce back on the Ether. According to the article, ETH, after having been under pressure for a long time under the 1950 dollar, broke short-term averages of $1875 to $194 and quickly broke long-term averages of approximately $2125, at a price of about $2290.
According to external sources, $2125 is the most interesting place to follow. This person, who has been repeatedly repressed in the course of his previous decline, will now be able to support the success of this round. At the same time, between $2300 and $2,400 is close to the ETH in April and May, where the sales will probably increase again. If it continues to break, the market will see a further 2500 to 2600 dollars.
The NYPE is approaching the heights. The NEAR is still awaiting confirmation.
The article mentions that Hyperliquid's HYPE, which performed well in the main banknotes, rose at one point in the day to $74 and re-engaged to the $70 to $76 supply area. The currency had previously rebounded from the 52 to 54 United States dollars area, recovering over and over and over a period of US$ 57.3, US$ 59.1 and US$ 60.5 with multiple median lines, with a more visible balance. In the opinion of the media, if the range 74 to 77 dollars is breached, there is an opportunity to continue to explore the price at $80; if it falls, 66 to 68 dollars and 59 to 61 dollars are the more important support belt below.
The rehabilitation of the NEAR is relatively mild. According to the article, the NEAR now operates in the vicinity of US$ 1.73 after a rebound from the US$ 1.58 to US$ 1.60 area, and although it has been re-established on a short-term average of about US$ 1.69, there are several key averages above the US$ 1.78 to 1.80, which constitute an intensive resistance. Only if this area is effectively breached will there be a more significant improvement in the structural weakness in the near future; if $1.60 is missed, then it will be down to $1.50 and earlier.
