[2024.7.11 BTC/ETH intraday market analysis]

Good afternoon, brothers. Ethereum has been sideways for several days and is ready to choose a direction. Please pay attention to your orders! Pay attention to the CPI data released at 8:30 tonight, and try to avoid trading based on the news!

Apart from the news, I personally started to be bullish. After all, the 4-hour level fluctuated upward, and the top and bottom continued to rise. However, all technical analysis is useless in the face of news. Let's pay attention to the CPI data! #CPI数据

Intraday market analysis:

$BTC This morning, the first pressure level and the first support level given last night were inserted, and now the 1-hour level has begun to rebound. Pay attention to the position of 57900 today. Only if the 4-hour level stands above this position today, the probability of going up is high. Pay attention to the upper target/pressure level near 58500-59400-60480. If it stands above 58500 today, the daily level will begin to rebound!

If the 4-hour level closes below 57900 today, the small-level rebound is still relatively weak, and long orders are waiting near the lower support levels of 57100-56265-55700! #BTC走势分析

$ETH Last night, it just rose to the second target level of 3148 that I gave and began to pull back. Pay attention to the position of 3090 today. Only if the 4-hour level stands above this position, the probability of going up is high. Pay attention to the upper target/pressure level near 3135-3185-3220. If it stands above 3135 today, the daily level will start to rebound!

If the 4-hour level closes below 3090 today, the small-level rebound is still relatively weak, and long orders are waiting near the lower support levels of 3045-3009-2966! #ETH走势分析

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