Affected by the positive impact of the Fed's interest rate cut, the market has been rising for two consecutive days, breaking through the two pressure points of 6w and 6.2w from 5.9w to 63850. There is a small correction at present, but it is still in a volatile trend.
The daily level of the big cake is in the consolidation stage, the rebound strength is slightly weakened, and the bottom support is strong. It is currently in a contraction shock, and it is expected that the short-term will continue to fluctuate.
The four-hour chart shows that although there is a desire to break upward, it is not strong enough and is suppressed, pulling near the middle track. Next, pay attention to whether the big cake 62,000 will fall below. If it falls below the short-term support of 62,000, there may be a possibility of a correction.
Spot layout at a low point and hold patiently, don't cut your meat and seize the opportunity of this wave of cyclical bulls.
📌Bitcoin: The strong pressure of Bitcoin is around 65,000, and the short-term support is 62,000;
📌Ethereum: Ethereum's pressure level is around 2530, and the short-term support is around 2340
Order suggestion: Make a callback near the pressure level❗
