Market Review and Analysis

The daily level closed with a cross star yesterday. The daily line of Bitcoin yesterday was 2,500 US dollars above and below the highest and lowest points. The daily line rebounded in a small stage at the beginning and came back after reaching the high point yesterday. BTC's current volume is getting smaller and smaller. ETH is the ETF that everyone is paying attention to today. According to the good news that everyone understands, ETH should have surged or risen sharply, but in fact, the current trend of ETH is not strong, but is weakening. Ask yourself: Is the weakening an opportunity for everyone to get on board? Yesterday, ETH closed with a negative line at the daily level, with the highest resistance position of 3560. Overall, this week is a collective retracement. It mainly depends on the strength of the retracement, whether it can break through the effective support below, or whether there will be a big spike this week.

Today's Highlights

BTC hit the upper side of 68,000 twice at the four-hour level. The current support point at the four-hour level is at the 66,000 point line. The effective support point at the intraday level is at the 64,000-64,600 range. This position should be paid attention to during the day. If there is a spike near this position, pay attention to the rebound at this position during the day. Once it falls below this position, you can directly look at the support point of the 62,000-63,000 range. It touched the upper position of 68,000 again in the early morning. The intraday level is based on the resistance near 68,000 points. Main

ETH is now mainly concerned about the news of ETF. According to the trend, it has been consolidating in the range of 3360-3560 for a week. It has been consolidating at a high level. This consolidation is very similar to the stage of high-level accumulation. It is a locked-in market. The big cake rises but the second cake does not rise. The second cake does not rise even if there is good news. The cottage is still falling. The market volume is still very poor. At the intraday level, pay attention to the intraday support of ETH at the 3320-3360 range. The resistance position remains unchanged at 3560-3600. Today, we must prevent this resistance position range

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