【2024.7.1 BTC/ETH Monthly/Weekly/Daily Market Analysis】
After waking up, both Bitcoin and Ethereum were firm. Yesterday, I gave a speech during the daytime. I said to be careful of the market makers before closing. When everyone was bearish, the market makers pulled the market in the middle of the night. This kind of trick was easy to grasp!
Last night's market analysis said that if the top pressure level of 62400 in the daily sideways zone is broken, there will be an upward trend. In the morning, the second pressure level of 63700 to 63800 has been broken, with an error of 100u. Ethereum said that it will only go out of the upward trend if it stands above 3425, and the highest rise will be around 3525. There is no hindsight in this trend direction!
Bitcoin's pressure level this week: 65000-67000 Support level: 60500-58200
Ether's pressure level this week: 3600-3770 Support level: 3400-3315-3215
Bitcoin's Ethereum's monthly line is sideways, and the weekly level is a wide range of fluctuations. Last month, Bitcoin's Ethereum closed with a big negative K. This month's rebound will first look at the first pressure level of the weekly line. If it can stand up and stabilize, it means that the market will turn bullish and continue to rush the second pressure level of the weekly line. If it can't stand up, then look at the support level below. The upper side is the idea of the large cycle. For the small cycle, just pay attention to the intraday market analysis I send every day!
Intraday market analysis:
$BTC Currently the daily line rebounded, and the levels below 4 hours are all rising. Today's retracement pays attention to the two positions of 62740-61850. As long as the retracement does not fall below 61850, the market will continue to rise. The upper target/pressure level is near 63800-65000.
If the retracement falls below 61850, the lower support level should pay attention to the positions of 60960-60200-59250! #BTC走势预测
$ETH Currently the daily line rebounded, and the levels below 4 hours are all rising. Today's retracement pays attention to the positions of 3461-3433-3413. As long as the retracement does not fall below 3413, the market will continue to rise. The upper target/pressure level is near 3525-3558.
If it falls back below 3413, the support level below should be around 3385-3363! #ETH🔥🔥🔥🔥
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