Yesterday, Bitcoin continued to fall, in line with expectations. The macro environment + fundamentals are still negative. Powell made a hawkish speech yesterday, and the expectation of interest rate cuts was reduced again. Market confidence was hindered again. The recent market may continue to fall. We still need to wait patiently. Focus on Friday's non-agricultural data market, which is related to the overall trend of this month.
Bitcoin fell synchronously with Bitcoin. The macro environment is still not optimistic. It is close to the lower edge of the box again. The overall situation is still not optimistic. It may continue to fall under the influence of macro confidence. In the near future, we should focus on defense. The cottage sector will follow the mainstream to pull back synchronously. Some currencies have fallen sharply. Watch more and do less.
Intraday market analysis
BTC1 hour, 4 The hourly level is lower than the normal level, the daily level is lower than the healthy level, the macro-environmental impact is still there, the fundamental negative is still there, and yesterday's hawkish negative market continues to be sluggish, the upper resistance is 62000-62200, the lower support is 60000-60500, and the probability of continued correction today is greater, waiting for a deterministic signal
ETH1 hour, 4 small average levels are lower than normal levels, the daily level is lower than the healthy level, the macro-influence is still there, the chain is also sluggish, and yesterday's hawkish negative market continues to be sluggish, the upper resistance is 3400-3420, the lower support is 3250-3300, and the probability of continued correction today is greater, waiting for a deterministic signal
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