【2024.7.7 BTC/ETH intraday market analysis】

Ether rose secretly at night. The early morning market analysis said that it would rise more strongly if it stood above 57500. It rose to the first target of 5.85 at midnight and then began to pull back. Those who are long should reduce their positions in batches and remember to exit!

$BTC is still a 4-hour rebound market. The current 1-hour level is pulling back. Pay attention to the 57500-57000 positions below the pullback. As long as the 4-hour closing line does not fall below 57000 today, the K line will go up. If the closing line falls below 57000, then this wave of 4-hour rebound failed and the market turned bearish. Pay attention to the positions of 56300-55800-54970 below!

If you want to go up today, the 4-hour closing line must stand above 58480. Only when it stands above this position, the rise will be more powerful. Pay attention to the upper target/pressure level near 59120-60200. The daily level will start to rebound when it stands above 60200! #BTC走势分析

$ETH The early morning market analysis said that the rise will be more powerful when it stands above 3025. It rose to the first target level of 3085 at midnight and then began to pull back. Brothers who have long positions should remember to reduce their positions in batches!

Ethereum is still a rebound market at the 4-hour level. The current 1-hour level is pulling back. Pay attention to the 3035-3000 positions below the pullback. As long as the 4-hour closing line does not fall below 3000 today, the K line will go up. If the closing price falls below 3000, then this 4-hour level rebound failed and the market turned bearish. Pay attention to the positions around 2960-2890-2845 below!

If you want to go up today, pay attention to the upper pressure range of 3080-3108. The 4-hour closing price must stand above 3108. Only when it stands above this position can the rise be more powerful. The upper target/pressure level will reach around 3175-3267. The daily level will start to rebound after standing above 3267! #ETH走势分析