7.9BTC intraday market analysis

Bitcoin started to go sideways. I mentioned to my brothers in the market analysis last night that it would basically go back and forth in the next few days. A huge pump may be brewing. It may be waiting for the ETF spot to pass the result. Grayscale submitted the S-1 revised document for its mini Ethereum spot ETF

Bloomberg EFT analyst Eric Balchunas posted on the X platform that Grayscale has submitted the S-1 revised document to the US SEC for its mini Ethereum spot ETF. I hope ETF can become the fuse of the second wave of bull market. The intraday market pressure is still based on the four-hour support of 56488. As long as the price can be closed in four hours, there will be a four-hour rebound, and the rebound target is 58430.59121. The four-hour closing price fell below 56488. This wave of rebound is over, and the support below is 54966.53363. The market will only have a big short position if it falls below 53363. The volatile market is better with short-term bands. It is better to stop when you are ahead. In the morning, I called on my brothers in the group to enter the long position. At present, I have made a profit. #BTC☀ #BTC下跌分析