Market analysis on July 9
This rise is just a rebound, but this rebound is tempting.
At present, most people focus on ETH's spot ETF. It is undeniable that this result will have a direct impact on the rise and fall of ETH, but this result is not predicted by us retail investors, and we cannot predict it.
The capital on Wall Street will help us predict it and will be reflected in the K-line.
News is the most unpredictable. Even if it can be guessed once or twice, it is impossible to guess it this time. K-line determines everything.
This morning's view is to fluctuate upward, and the current trend is basically in line with expectations.
Next...
ETH: Focus on the upper resistance range of 3136~31602
BTC: Focus on the upper resistance range of 58500~58800
This position is only an important position today, not a trend position.
