[2024.7.25 Bitcoin and Ethereum intraday market analysis]
Good afternoon, brothers. When I woke up, the whole market was red. The day before yesterday afternoon, I sent out a message in advance to inform everyone that this wave of rise will end and the price of the currency will be adjusted. My top Bitcoin spot has also been sold, and the screenshots have been sent out. I believe my brothers, I don’t say whether I have opened a short position, at least the spot position has been reduced! It doesn’t matter if you don’t believe me, just keep holding it, anyway, it’s not my money that is lost!
Yesterday and the day before yesterday, I kept reminding that the 4-hour level is in a correction. If it can’t stand up, it will continue to fall. This wave of decline is completely expected. Bitcoin will first look at the position of 6.25 below. If it breaks, it will be around 606.
The positive expectations of Ethereum in the early stage have been hard for too long. Now that the effect has passed, it will soften faster than anyone else. Look at the position of 3085 below. If it breaks, it will be around 2850!
Today's market analysis:
$BTC Currently, the daily and weekly lines have begun to pull back, and the levels below 4 hours are all on the short side. Today, pay attention to the previous low of 63850. If the market starts to stabilize and go sideways, there is a high probability that the small level will rebound. Pay attention to the rebound pressure of 64700-65600. As long as the rebound does not break these two positions, the market will fall!
To go up today, you must stand above 65600, otherwise it will only be a rebound after this wave of decline. If it falls below 63850, it will continue to fall. Pay attention to the support level below 63245-62380! #BTC走势分析
$ETH Currently, the daily and weekly lines have begun to pull back, and the levels below 4 hours are all on the short side. Today, pay attention to the previous low of 3127. If the market starts to stabilize and go sideways, there is a high probability that the small level will rebound. Pay attention to the two positions of 3248-3380 for the rebound pressure. As long as the rebound does not break these two positions, the market will fall!
To go up today, you must stand above 3380, otherwise it will only be a rebound after this wave of decline. If it falls below 3127, it will continue to fall. Pay attention to the two positions of 3090-3045 below the support level! #ETH走势分析
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