【2024.7.19 Bitcoin and Ethereum Market Analysis】
Bitcoin daily line started to trade sideways at a high level, and currently it is fluctuating widely at the 4-hour level. Last night, the second wave of the 4-hour level was pulled back. In the morning, it was inserted again near the first support level given in the early morning and then began to rebound at a small level. This wave of rebound cannot stand above the previous high of 65100 of the previous rebound. This wave of rebound has no strength and it is likely to come to the third wave of retracement! Ethereum daily line started to trade sideways at a high level, and currently it is fluctuating widely at the 4-hour level. Last night, the second wave of the 4-hour level was pulled back. In the morning, it was inserted again near the first support level given in the early morning and then began to rebound at a small level. This wave of rebound cannot stand above the previous high of 3488 of the previous rebound. This wave of rebound has no strength and it is likely to come to the third wave of retracement!
Intraday market analysis: Bitcoin pays attention to the 64300 position today. The 4-hour level closing line cannot stand above this position. This wave of rebound has no strength. Pay attention to the following positions near 63280-62360-61670! Today, the 4-hour level closes only above 64300, then this wave of callback is over, and the market will continue to go up. The upper target/pressure level is around 65100-66100-67265!#btcEthereum pays attention to the position of 3420 today. If the 4-hour level closes below this position, then this wave of rebound will not be strong. Pay attention to the positions of 3381-3330-3288 below! Today, the 4-hour level closes only above 3420, then this wave of callback is over, and the market will continue to go up. The upper target/pressure level is around 3457-3488-3516! #ETH🔥🔥🔥🔥 #以太坊ETF批准预期 #币安HODLer空投BANANA