Market Review
Yesterday, BTC slightly increased, maintaining a healthy trend, in line with recent expectations. US stocks fell significantly, but BTC did not follow the stock market's movement, which is a good signal. In the near term, attention should be paid to tariff progress and the Federal Reserve's interest rate cuts. The day is expected to be consolidating, and previously hidden positions can be appropriately reduced. The larger cycle needs adjustment, waiting for confidence to recover.
The second pie did not rise in sync with BTC, with a significant pullback in the early morning. During the day, focus on BTC's stability, expecting consolidation. If stable, small positions can be added, entering in batches, with large positions patiently waiting for stabilization.
Altcoins are consolidating in sync with mainstream cryptocurrencies, with limited fluctuations. Patiently waiting for mainstream stabilization before taking action, focusing on the primary market. BSC is becoming more active, and direct buying of MEME-type coins is recommended. The BSC ecosystem is expected to recover, with CAKE worth considering, currently maintaining health. SOL's on-chain activity has somewhat recovered, with MEME coins worth monitoring. For existing positions, patience is needed while waiting for market recovery.
Today's Highlights:
BTC's 1-hour and 4-hour levels return to healthy levels, while the daily level remains below healthy levels. Expecting a slight increase during the day, with support at 86,000-86,500 and resistance at 88,500-89,000.
ETH's 1-hour and 4-hour levels return to healthy levels, while the daily level remains below healthy levels. Expecting a slight increase during the day, with support at 1,500-1,550 and resistance at 1,630-1,680.
