[2024.7.30 Bitcoin and Ethereum Market Analysis]
It is another sunny day. I am particularly happy to see the market falling after waking up. I am happy to lose money? Brothers, don’t call me a pervert. It is not because I missed the opportunity to fall. I just sold the Bitcoin on 6.11 in the previous wave. The Bitcoin of 5.7w and the Bitcoin bought at a low price before are still there!
Although the assets are also shrinking, I still hope to pick up the brothers after a drop. The Bitcoin spot below 6.35-6.08-5.8-5.5 has been hung, you can refer to it. Don’t panic when buying in spot. Bitcoin will not let anyone down. Teacher Zhang has not let down any brother who bought Bitcoin together since last year!
The market analysis of this wave of decline last night reminded me that the last few days of closing the monthly line are the time for long and short fights. Let the brothers pay attention to the market and their positions. The risks have been warned in advance, and there is no hindsight!
Today's market analysis:
$BTC fell to the third support level of 6.64 in the early morning and then began to rebound. The rebound did not stand firm and fell again. At present, the daily level of the big cake is corrected!
Pay attention to the position of 65750 below today. This position is the first support level of the big cake weekly K. If it does not fall below this position, the small level will start to rebound. Pay attention to the upper target/pressure level near 67050-67520-68100. Only when the daily line stands firmly above 67050, this wave of correction will be considered over. The market will continue to rise if it stands firmly above 68100 at the 4-hour level, otherwise it will continue to fluctuate widely!
If it falls below the large support level of 65750 today, the market will continue to go down. Pay attention to the lower support level near 65066-64410-63420! #BTC走势分析
$ETH In the early morning, it just fell to the first support level of 3258 and then pulled to the first pressure level. At present, the weekly line is correcting to the daily line short side!
Today, Ethereum pays attention to the position of 3310. Only when the 4-hour level closes above this position, it will start to rebound. Pay attention to the rebound target/pressure level near 3355-3396-3460. If the daily level stands above 3355, the daily level will start to rebound!
If the 4-hour level closes today and fails to stand at 3310, the market will not go up so quickly. The small level will continue to fluctuate sideways. If it falls back, pay attention to the support level below 3258-3223-3173!#ETH走势分析
