Analysis of BTC and ETH market on August 7:

Today's highlights

BTC: 1-hour and 4-hour levels are lower than healthy levels, and the daily level is lower than healthy levels. BTC has reached the resistance range. There is a chance to test the lower support during the day. Waiting for a deterministic signal, the big cycle continues to be bullish. The upper resistance during the day is 57200-57700, and the lower support is 53500-54000. Today's callback can be partially hidden, wait patiently

ETH: 1-hour and 4-hour levels are lower than healthy levels, and the daily level enters the oversold range. Pay attention to the callback during the day. If it can stabilize, there is a chance to make up for the rise, and you can follow up and build a light collection. The upper resistance during the day is 2570-2620, and the lower support during the day is 2330-2380. Today's callback can be partially hidden, wait patiently