Market Review
Yesterday, BTC experienced a sharp pullback and rebound. Changes in tariff policies and expectations of emergency interest rate cuts by the Federal Reserve slightly restored market confidence. However, the focus remains on fundamental news. Short-term rebound, expected to consolidate during the day, patiently waiting for stabilization before taking action. The larger cycle needs adjustment, waiting for confidence to recover
The secondary market followed BTC's synchronized rebound, with the trend still unsatisfactory. Expected to consolidate during the day, market is sluggish, patiently waiting for stabilization
Altcoins followed the mainstream synchronized rebound with limited magnitude. Patiently waiting for mainstream stabilization before taking action, focusing on the primary market. BSC chain activity has increased, considering following BSC ecosystem tokens. SOL chain activity has somewhat recovered, paying more attention to MEME tokens. For existing holdings, patiently waiting for market recovery
Today's Focus:
BTC 1-hour and 4-hour levels are below healthy levels, daily level is below healthy levels. Expected to consolidate during the day. Lower support at 78000-78500, upper resistance at 81000-81500
ETH 1-hour and 4-hour levels are below healthy levels, daily level is below healthy levels. Expected to consolidate during the day. Lower support at 1500-1550, upper resistance at 1650-1700
