Hot news:
1. The ETH/BTC exchange rate fell below 0.0356, reaching the lowest level since the bull peak in 21 years.
2. Trump Media Technology Group (DJT.O) rose 8% in after-hours trading, with the stock closing up over 12% overnight.
3. Bitcoin mining difficulty was adjusted up by 6.24% to 101.65 T this morning, setting a new high.
4. Mt.Gox address transferred Bitcoin worth $2.19 billion to an unknown wallet.
5. The UK’s first pension fund directly invested 3% of its assets in Bitcoin.
6. Bitcoin reached an all-time high against BlackRock’s US Treasury ETF.
7. A pension fund in Michigan, USA, bought Ethereum ETF.
8. Hong Kong approved the first license for structured products related to Bitcoin and cryptocurrencies.
BTC
As mentioned in yesterday's daily report, pay attention to whether the intraday rebound at 69500-69900 is rejected; if rejected, continue downwards! The price accurately reached 69500, creating a new low! It has arrived at the 67000-66500 position that was highlighted, forming a rebound! Those who grasped these two rhythms won with clarity and rationality! Currently, the intraday price is rebounding. If it still cannot break 68600-69300 to form an H1 structure break, it remains a bearish trend in H1! Meanwhile, the daily demand zone of 66500-65300 still has a chance to be tested! Unless the H1 reversal conditions are met!
ETH
Yesterday's daily report reminded to pay attention to whether 2510-2520 is rejected. If rejected, wait for the buying opportunity in the demand zone of 2420-2330! At the same time, the evening meeting provided the precise area of 2370-2330! The lowest price was 2357! Follow the thought process and win with rationality! Currently, the intraday price is rebounding, still focus on whether 2470-2490 breaks the H1 structure; otherwise, H1 remains in a bearish trend. The lower daily demand zone of 2330-2250 still has a chance to be tested! Unless the H1 reversal conditions are met! For the profitable positions held, set a breakeven stop loss!
SOL
With the same thought process, yesterday's daily report suggested that if 165-166 is not passed, continue downwards. The highest price reached 165! Now it is very close to 153-147! Currently, for the intraday rebound, watch if 163-165 is rejected; if rejected, continue to wait for the buying opportunity in the range of 153-147! Set a breakeven stop loss for profitable positions!
The information and data involved in this content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantee is made regarding the accuracy and completeness of the information. The content does not constitute any investment advice. Invest at your own risk!
