Pay attention to the market situation of Bitcoin and Ethereum:
Before the final result of the ETF came out, the market fell because the US macro data expected the difficulty of interest rate cuts. At the same time, US stocks also fell year-on-year.
Bitcoin:
Currently, the decline of Bitcoin has broken through the 1-hour and 4-hour Bollinger Bands, and the monthly support has also been broken. In the short term, pay attention to the pullback support near 65,000. This support is currently a dense support area for technical aspects at all levels. Whether this position will fall in the short term will effectively judge the short-term selling pressure.
Later, if the Ethereum ETF is passed, the upper resistance will still be around 68,300 in the short term and the daily line near 71,000. If Sell the news appears, refer to the dense support area.
Ethereum:
Because of the sentiment of ETF, the market is better than Bitcoin, the small level has not been broken, and the daily and monthly support has not been broken.
Pay attention to the daily support of 3750 and the monthly support of 3570 in the short-term decline.
Pay attention to the breakthrough of 4080 on the weekly line for the upper resistance.
If the Ethereum ETF is approved, pay attention to the breakthrough and stabilization of the upper resistance. If it also triggers Sell the news, continue to refer to the two supports of the daily and monthly lines.
