[2024.7.24 Bitcoin and Ethereum intraday market analysis]
Good afternoon, everyone. Now that Bitcoin and Ethereum spot ETFs have landed, everyone's FOMO sentiment should be warmed up. The remaining positives will wait for the wind of interest rate cuts to blow. Before the interest rate cut, it is difficult to have a general rise in the market.
Don't expect the cottage you bought to soar. Mainstream funds always favor the mainstream. It is recommended that you know how to get rid of the weak and keep the strong when the surge occurs. Stop loss in time is both wisdom and pattern!
Next, we should pay attention to the Bitcoin Conference on the 27th. It is said that Musk and Trump will attend. You can pay attention to the tokens related to them. The Bitcoin paid by Mentougou is the biggest negative. If all the stocks are smashed, according to the current market depth, it is possible to start with 4 directly.
But I am sure that they will not sell all of them. After all, those who can play Bitcoin at that time show that their cognition was already very high at that time. If they play until now, most people have accumulated wealth! #门头沟
Today's market analysis:
$BTC is currently trading sideways at the bottom of the 4-hour correction, and is currently rebounding at the 1-hour level. Pay attention to the pressure level of 66710 above the rebound today. If you want to rise at the 4-hour level, you must stand firmly above this position. Only then will this wave of 4-hour level be considered to have completed the correction and continue to rise. If it continues to rise, pay attention to the upper target/pressure level above 67620-68240!
If the rebound fails today and the 1-hour level closes below 65800, the 1-hour level rebound fails and the market turns bearish. Pay attention to the support level of 65455 at the daily level. If it falls below this position, the daily level will start to pull back. Pay attention to the positions around 64750-64000-63460 below! #BTC走势分析
$ETH Pay attention to the daily long and short price of 3440. Today, the daily line fell below this position and began to pull back. Currently, the 4-hour level has begun to go short. Pay attention to the position of 3464 today. If the 4-hour level cannot stand at this position, the market will continue to go down. Pay attention to the support level below 3414-3380-3345!
If you want to go up today, the 4-hour level must stand above 3464. Only when it stands above this position, this wave of 4-hour level pullback will be considered over. Pay attention to the upper target/pressure level near 3515-3562!#ETH走势分析