Market Review
Yesterday, BTC maintained consolidation with a healthy trend. Recently, attention should be paid to tariff progress and Federal Reserve interest rate cuts. The 4-hour level downward momentum has been largely consumed, with potential for intraday rise. Light follow-up can be considered, while the larger cycle needs adjustment, awaiting confidence restoration
The secondary market followed BTC's synchronous consolidation, with a trend expected to return to health. Intraday focus on BTC's upward movement, potentially rising in sync with BTC. Small positions can be followed, entering in batches, with larger positions patiently waiting for stabilization
Altcoins followed mainstream synchronous consolidation with limited fluctuations. Patiently waiting for mainstream stabilization before action, focusing on the primary market. BSC is becoming more active, with direct MEME token purchases recommended. BSC ecosystem is expected to recover, with CAKE worth considering and maintaining health. SOL chain activity is recovering, with MEME tokens worth monitoring. Existing positions should be patiently awaited for market recovery
Today's Highlights:
BTC 1-hour and 4-hour levels returning to healthy levels, daily level below healthy levels. Intraday expected mild increase, with lower support at 84000-84500 and upper resistance at 86000-87000
ETH 1-hour and 4-hour levels returning to healthy levels, daily level below healthy levels. Intraday expected mild increase, with lower support at 1530-1580 and upper resistance at 1670-1720
