Market Review
Yesterday, BTC continued to rise, exceeding expectations. Currently, the upward momentum is starting to decline, with a need for correction. The intraday expectation is a mild pullback and consolidation. Patiently wait for stabilization before taking action. The larger cycle needs adjustment, waiting for confidence to recover
The secondary market followed BTC with a mild increase, maintaining its pace. The trend has not yet recovered to a healthy state. The intraday expectation is continued consolidation, with a sluggish market. Patiently wait for stabilization
Altcoins followed the mainstream with a mild increase, with limited magnitude. Patiently wait for the mainstream to stabilize before taking action. Focus on the primary market. BSC chain activity has increased, consider following BSC ecosystem coins. SOL chain activity has somewhat recovered, pay more attention to MEME coins. For existing holdings, patiently wait for market recovery
Today's Focus:
BTC 1-hour and 4-hour levels return to healthy levels, while the daily level is below the healthy level. Intraday expectation is a mild pullback. Intraday support is 81,500-82,000, with resistance at 84,000-84,500
ETH 1-hour and 4-hour levels return to healthy levels, while the daily level is below the healthy level. Intraday expectation is a mild pullback. Intraday support is 1,470-1,520, with resistance at 1,620-1,670
