Yesterday, BTC continued to rise after a slight consolidation. Due to the interest rate cut meeting expectations, BTC successfully broke through to a new high, reaching a maximum of 76800. For the day, a slight pullback is expected, which is part of a corrective trend, although overall it still maintains a fluctuating upward trend. For investors with positions, it is advisable to continue holding, as the daily level remains healthy and the weekly level golden cross has formed, instilling confidence for potential continued bullishness ahead. ETH also rose in tandem with BTC yesterday, continuing its recovery, and has now broken through 2900. A pullback is expected for the day, and due to the rapid short-term rise, it is currently in a corrective trend, with a bullish outlook ahead. Currently, ETH has reached the target range of 2800 - 3000, and investors holding this cryptocurrency can consider reducing their positions and re-entering after a pullback.

For BTC, the 1-hour and 4-hour levels have entered the overbought range, with the daily level above healthy levels. A pullback is expected for the day, with an overall upward fluctuating trend, and the expectation for a larger cycle of increase has not diminished. The support for the day is in the range of 74300 - 74800, while the resistance is in the range of 76500 - 77000.

ETH's 1-hour and 4-hour levels have also entered the overbought range, with the daily level above healthy levels. A pullback is expected for the day, and investors with positions can consider reducing their holdings. The support for the day is in the range of 2780 - 2830, while the resistance is in the range of 2950 - 3000.

The midday outlook is for a pullback!

Open short near 76000-76500 for BTC, looking down to 75000-74500!

Open short near 3000-2950 for ETH, looking down to around 2800.