【2024.7.2 BTC/ETH intraday market analysis】
After one hour of the early morning push speech, as long as the closing line stands above 63000, the market will continue to go up. It will rise to the second target of 63850 at midnight and then start to pull back.
Currently, the 1/2 hour level of the big cake has started to pull back, and the 4-hour bullish sideways. Pay attention to the two positions below 62660-61900 for today's pullback. As long as the retracement does not break 62660, the 4-hour level is still on the bullish side. If this support level is stabilized, the market will most likely continue to go up. Pay attention to the upper target/pressure level of 63365-63800-64400.
As long as it does not fall below the second support level of 61900 today, the daily line will still be in a rebound market today, and it is very likely to go up. If it falls below this position, the daily line rebound fails and the market turns bearish. Pay attention to the lower support level of 60960-60200!
Ethereum started to pull back after reaching a large-scale pressure level yesterday morning. Currently, it is turning bearish in 1/2 hours and starting to pull back in 4 hours. Pay attention to the 3408 position for today's pullback. If it falls below 3408, the daily rebound will end and the market will turn bearish, and it will return to the bottom support area of the daily sideways zone. The lower support level will first look at the positions of 3385-3363-3335!
To go up today, the 4-hour level closing line must stand above 3445, and the rise will be more powerful. Pay attention to the upper target/pressure level near 3470-3495-3520. $BTC $ETH
