[2024.7.19 Bitcoin and Ethereum Market Analysis]

Bitcoin daily line began to trade sideways at a high level, and currently fluctuated widely at the 4-hour level. The second wave of callback at the 4-hour level last night, and the small level began to rebound after inserting again to the first support level given in the early morning in the morning.

This wave of rebound cannot stand above the previous high of 65100 of the previous rebound, so this wave of rebound has no strength, and it is likely to come to the third wave of retracement!

Ethereum daily line began to trade sideways at a high level, and currently fluctuated widely at the 4-hour level. The second wave of callback at the 4-hour level last night, and the small level began to rebound after inserting again to the first support level given in the early morning in the morning.

This wave of rebound cannot stand above the previous high of 3488 of the previous rebound, so this wave of rebound has no strength, and it is likely to come to the third wave of retracement!

Intraday market analysis:

$BTC Pay attention to the position of 64300 today. The 4-hour level closing line cannot stand above this position, so this wave of rebound has no strength. Pay attention to the positions below 63280-62360-61670 when retracement!

Today, the 4-hour level closing line only stands above 64300, then this wave of callback is considered to be over, and the market will continue to move up. The upper target/pressure level is around 65100-66100-67265! #BTC走势分析

$ETH Today, pay attention to the position of 3420. If the 4-hour level closing line does not stand at this position, then this wave of rebound is not strong. Pay attention to the positions below 3381-3330-3288!

Today, the 4-hour level closing line only stands above 3420, then this wave of callback is considered to be over, and the market will continue to move up. The upper target/pressure level is around 3457-3488-3516! #ETH走势分析

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