Analysis of BTC and ETH market on July 8:

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 macroeconomic environment is still affecting the market, and the fundamentals are still negative. In addition, the hawkish negative market continues to be sluggish, and the market has not reversed. Wait patiently. The upper resistance of the day is 57000-57500, and the lower support is 54000-54500. The probability of a second bottom today is greater. Wait and see, waiting for a deterministic signal

ETH: 1-hour and 4-hour averages have entered the oversold range, and the daily level has entered the oversold range. The macroeconomic impact is still there, and the chain is also sluggish. In addition, the hawkish negative market continues to be sluggish, and the market has not reversed. Wait patiently. The upper resistance of the day is 3000-3050, and the lower support of the day is 2800-2830. The probability of a second bottom today is greater. Wait and see, waiting for a deterministic signal