July 29 ETH market analysis

This trend is somewhat different from BTC

Currently it is above the hourly bull lifeline (3250), and the next step is likely to touch the upper four-hour lifeline position.

But the trend of the cycle above four hours is still moving below the lifeline. Therefore, the overall performance is a short-term rebound, and a weak performance in the medium and long term.

#BTC

#ETH