12.2 Bitcoin and Ethereum Market Analysis: BTC, ETH Today's Highlights
Market Review
Yesterday, BTC continued to rise after a slight adjustment, in line with expectations. Currently, the 4-hour level remains healthy, and the candlestick trend is healthy. Today, we focus on the support situation at 96000-96500. Once the consolidation is complete, it is expected to continue rising and test the resistance above 98000 again. Altcoins are following BTC's consolidation, currently breaking through 3700, maintaining a healthy trend, and are expected to continue catching up today, testing the resistance at 3800. For altcoins, they are following ETH's consolidation, with most coins showing slight gains. ETH's affiliated coins are performing well; SATS can be held patiently, considering liquidating around 50. PEOPLE has shown some recovery, with many exiting; it may be worth holding onto. FTM can start reducing holdings, and ACT was advised to reduce holdings last week, with remaining positions being maintained.
Today's Highlights:
BTC: 1-hour and 4-hour levels have returned to a healthy state, and the daily level is above a healthy level. The expectation is to continue rising today, with the support below at 96000-96500 and resistance above at 98000-99000.
ETH: 1-hour and 4-hour levels remain healthy, with the daily level above a healthy level. The expectation is for catch-up today, with support below at 3620-3670 and resistance above at 3780-3830.