【2024.7.27 Bitcoin and Ethereum intraday market analysis】
The big one is coming, brothers. Bitcoin hit the previous high of 6.85w again in the evening. Unfortunately, this position has never been broken, but from the market, the bulls are still very strong. After the small-level correction, can it break through 6.85 in one fell swoop? As long as this position is broken, Bitcoin starting with 7 is just around the corner!
There should not be much volatility on the weekend, but it should be noted that Trump will give a speech at the Bitcoin Conference this morning. As long as the content is good for Bitcoin, it will continue to rush up!
The night market analysis of Bitcoin said that as long as it does not fall below the bottom support of the sideways zone, it will still go up. It went up without stepping back on the support level at night, and directly broke through the first target level.
Ether is still relatively weak. The night market analysis said that the 1-hour level will only go up if it stands above 3250. After the night closing line stands above, it will directly break through the first target level of 3275 and then start to pull back!
Today's trend analysis:
$BTC is currently trading sideways at a high level in the 4 hours. Pay attention to the position of 67640 today. If it falls below this position, the small level will start to pull back. Pay attention to the bottom support of the two sideways zones of 67315-66850. As long as it does not fall below 66850, it will still fluctuate upward. If it breaks, the 4-hour level will start to pull back!
If it continues to rise today, pay attention to the upper pressure level/target near 68150-68465-69150! #BTC走势分析
$ETH is currently rebounding at the 4-hour level, and the small level is pulling back. Pay attention to the position of 3260 today. If you want to go up, the 1-hour level closing line must stand above 3260. After standing above, pay attention to the upper target/pressure level near 3285-3335-3390!
If it fails to stand above 3260 today, pay attention to the 4-hour support level of 3220. If it falls below this level, the 4-hour rebound will end and the market will turn bearish. Pay attention to the support level below 3173-3130-3090! (If it falls below 3200, the 4-hour rebound will fail and the market will turn bearish) #ETH走势分析
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