✨July 23rd Market Noon Report🌟
📈Market Overview: Today's market is mixed with long and short positions, the market shows narrow fluctuations, the direction is not yet clear, and the market atmosphere is slightly chaotic.
📌ETH ETF: It is expected to be listed and traded according to the US stock market time today. However, there are rumors that market demand may be lower than expected, and traders need to remain vigilant.
📊BTC Price Analysis: Currently, BTC is under pressure near 68,000, while 66,500 has become its important support. Affected by the volatility of US stocks and long and short news, BTC prices may show a tug-of-war in the short term. Traders need to pay attention to the upcoming BTC conference to obtain more market direction guidance.
🚀ETH Dynamics: ETH ETF will be listed at 21:30 this evening, which is expected to bring a small rebound. However, considering the potential impact of Grayscale's selling pressure and the market law of "good news is bad news", ETH still has the risk of falling to around 3250 in the short term to seek support.
💣Altcoin risk: The altcoin market is still facing severe selling pressure, and traders need to pay special attention to risks and operate with caution.
🚫SOL and meme coins: The price of SOL is already high, and it is not recommended for traders to continue waiting for it to break through the 200 price level. For meme coins (such as wif, bonk, etc.), the current price is close to the top of the small cycle, and you can appropriately reduce your holdings and withdraw at the right time.
