Today's market analysis

BTC trend analysis

From the technical indicators, the 4-hour level of Bitcoin (BTC) is below the healthy level, but the daily level has returned to the healthy range.

As far as the intraday market is concerned, it is likely to maintain a consolidation trend, and it is more suitable to wait and see. From the perspective of the trend of the big cycle, the expectation of rising has not diminished.

Intraday trading needs to pay attention to the key price level, the lower support level is between 93000 and 93500, and the upper resistance level is between 95000 and 95500.

ETH trend analysis

On the Ethereum (ETH) side, the 4-hour level has entered the oversold range, but fortunately the daily level has returned to a healthy state.

A slight rebound is expected during the day, but even so, investors are still advised to wait and see.

The key support level during the day is between 3220 and 3270, and the upper resistance level is between 3370 and 3430.

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