Market Review
Yesterday, BTC slightly increased, with a callback and consolidation in the early morning, maintaining a healthy trend, standing firmly above 83,000, with the callback showing no negative signals, a normal adjustment. In the near term, attention should be paid to entry points, with potential positive news expected soon. The daily expectation is continued consolidation, with light follow-up consideration. The larger cycle needs adjustment, waiting for confidence to recover
The secondary market followed BTC's synchronous consolidation, with a trend expected to return to health. The daily expectation is to maintain consolidation, with small positions to follow, entering in batches, and larger positions patiently waiting for stabilization
Altcoins followed the mainstream synchronous consolidation with limited fluctuations. Patiently waiting for the mainstream to stabilize before taking action, focusing on the primary market. BSC chain activity has increased, with potential for following BSC ecosystem tokens. SOL chain activity has somewhat recovered, with more attention to MEME tokens. For existing positions, patience is needed while waiting for market recovery
Today's Focus:
BTC 1-hour and 4-hour levels returning to healthy levels, daily level below healthy levels. Daily expectation of slight increase, with support at 83,000-83,500 and resistance at 85,500-86,000
ETH 1-hour and 4-hour levels returning to healthy levels, daily level below healthy levels. Daily expectation of slight increase, with support at 1,550-1,600 and resistance at 1,670-1,720
