Today's market focus analysis

Bitcoin (BTC):

Today, it fell below the key support level of $60,000, reaching a minimum of around $58,000. On the four-hour chart, pay attention to today's low support position, especially the rebound performance after the pin. #btc70k

The upper rebound first focuses on the $60,000 line, followed by around $61,600. If $61,600 fails to break through in the short term, it may form a resistance level, leading to further corrections, with support in the $59,000 to $60,000 range.

Ethereum (ETH):

Today's minimum hit $3,160, which is at the intersection of the small-level downward channel and the large-level upward channel on the daily level. #ETH大涨

The overall trend is not optimistic, especially in the past two days of resistance to decline, today's overall correction.

Some altcoins have pinned but have not fallen sharply. The sharp decline of altcoins has slowed down, and we are currently paying attention to the performance of Bitcoin and Ethereum during the rebound. The market has shown signs of losing confidence.

Today, Ethereum will first focus on the support position of the low point of $3160. The stabilization of the four-hour level near $3200 will determine the rebound resistance, which is in the range of $3280 to $3360. Pay attention to whether the resistance is formed again, which may lead to a retracement, and the support is in the range of $3200 to $3240.

In today's market, both Bitcoin and Ethereum are facing the test of important support and resistance. The breakthrough or failure of the key point will affect the short-term trend, especially under the influence of the overall performance of the altcoin, the market confidence is weakening. #美国首次申领失业救济人数超出预期 #ASI代币合并计划 #以太坊ETF批准预期

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