BTC and ETH market analysis on July 5:

Today's highlights

BTC: 1-hour and 4-hour levels have entered the oversold range, and the daily level has entered the oversold range. The macro-environmental impact is still there, and the fundamental negatives are still there. In addition, the hawkish negative market continues to be sluggish. The upper resistance is 5700-57500 during the day, and the lower support is 52000-53000. Today, the probability of continued correction is greater. Wait and see, waiting for the deterministic signal

ETH: 1-hour and 4-hour average levels have entered the oversold range, and the daily level has entered the oversold range. The macro-influence is still there, and the chain is also sluggish. In addition, the hawkish negative market continues to be sluggish. The upper resistance is 3000-3050 during the day, and the lower support is 2600-2650 during the day. Today, the probability of continued correction is greater. Wait and see, waiting for the deterministic signal. If it falls below, it will have to look at the line around 2860-2900. Pay attention to the key defensive position of 2800