[July 25th BTC/ETH Market In-depth Analysis]

Last night, the US stock market fell and the cryptocurrency market was under pressure. The trading game in the US was fierce, and the selling pressure in the Asian market was evident, and the key price was in danger!

BTC support is around 62,400, and holding this position is beneficial for the follow-up. The situation of ETH is severe, and it is necessary to defend the MA200 moving average of 3200 and the 3360-3400 range.

The trend of US stocks and Grayscale selling are the main reasons for the price drop. The excessive decline of ETH dragged down BTC, and the market sentiment turned pessimistic.

However, this week's GDP data, core PCE economic data and the crypto conference attended by Trump and congressmen on the 27th may bring a turnaround.

If BTC cannot break through 70,500, the market still faces the risk of a volatile correction. Trump's speech and the popularity of his narrative are crucial!

For more consultation, click on the avatar to follow me!

$BTC $ETH $BNB #美国以太坊现货ETF开始交易 #比特币大会 #美国大选如何影响加密产业？ #山寨季何时到来？