Yesterday, BTC experienced a slight correction and did not continue to rise as expected, but the overall situation remains optimistic, and the general direction of the subsequent market is still bullish. This morning, the 65,000 resistance was tested again, but it failed to break through. It is expected to be in a consolidation stage today, which is a period of accumulation to prepare for continued rise. The current traders' confidence will recover quickly, and the subsequent market is expected to continue to rise. The full-scale bull market is not far away, and confidence must be maintained.
ETH followed BTC in a synchronous correction, and the ETF is expected to pass next week. Major institutions have submitted stock codes, and ETH's speculation expectations have increased again, and the general direction continues to be bullish. It is expected to consolidate today and accumulate momentum. If the good news passes, it is expected that there will be a short-term explosive market, but it is necessary to pay attention to the subsequent selling pressure of Grayscale, which still needs time to sort out in the short term.
The cottage sector followed the mainstream in a synchronous correction, with a small decline. Yesterday, the pledge sector reported good news, and currencies such as SSV and LDO rose in a short period of time. SATS rose significantly and needs to wait for a correction. Pay attention to SATS in the past two months. You can buy it in batches when it is low. There will be major benefits in September. PEOPLE can also be a key currency to focus on. It has risen a lot recently. Wait for a correction and then build a position at a low point. There will be good expectations before the November election.
Fundamental news: major institutions have begun to submit ETF stock codes.
Primary market information:
RGB++ has started free casting. The recent on-chain activity has increased. RGB++ is a very good new protocol. It has a good effect on the construction of the BTC ecosystem. Continue to pay attention to this sector. The market continues to be sluggish. Wait for the sector to return to heat before taking action.
The rune market is still sluggish. Pay attention to high-quality currencies in the rune market and wait for the second wash to start.
Intraday mainstream currency support and resistance:
In today's intraday market, BTC's lower support is at 63500-64000, and the upper resistance is at 65400-66000. ETH's lower support is 3330-3380, and the upper resistance is 3480-3530.
The altcoins that can be used to build positions today are listed above. For more altcoin strategies, please pay attention to the latest information from the community.