[2024.6.7 BTC/ETH intraday market analysis]

The big cake touched the top of the daily sideways zone, the pressure range of 715-721, last night. The resistance in this range is quite large, and a big positive line is needed to break through strongly. Ethereum has not been able to stand on the pressure level of 3850. The daily level has been fluctuating widely in the sideways zone. If it wants to break through, it is suppressed from above. It needs to continue to wait!

There will be a non-agricultural data at 8:30 tonight. Everyone should pay attention. If the data is negative, it will go down. If it is good, see if it can break through. To break through the pressure level of the sideways zone, it is estimated that it will have to wait until the Federal Reserve announces the interest rate decision meeting next Wednesday!

Intraday market analysis:

The big cake pulled back in the evening for 4 hours, and is currently rushing to the 4-hour bulls. Pay attention to the position of 71120 today. As long as the 4-hour closing line stands above this position, the market will continue to fluctuate sideways and move upward. Pay attention to the upper target/pressure level near 71750-72140-72900!

If the 4-hour closing price today does not stand above 71120, the small-level rebound is weak. If it falls back, pay attention to the positions of 70815-70480-70100 below! #BTC走势预测 $BTC

Ether has been fluctuating widely in the daily sideways zone, with small-level ups and downs. It is rebounding in the current hour. Pay attention to the two positions of 3825-3840. Only when it stands above 3840 today, the small-level rebound ends and the 4-hour callback is completed and stands on the long side. Then go up to the upper target/pressure level of 3868-3893.

If the rebound today does not stand above 3849, it means that the rebound strength is not good. If it falls back, pay attention to the positions of 3810-3790-3766 below! #ETH🔥🔥🔥🔥 $ETH