BTC and ETH market analysis on July 31:
Today’s highlights
BTC: 1-hour and 4-hour levels are below healthy levels, and the daily level returns to a healthy level. The macro environment has improved, and expectations for interest rate cuts have increased again. The subsequent general direction continues to be bullish. The recent negatives are being released. The double negatives of Mentougou + Grayscale selling pressure are no longer a concern. Pay attention to the changes in the address of the U.S. holdings. The upper resistance is 67200-67700 during the day, and the lower support is 6520-65700. It is expected to continue to consolidate today, and it can be stored. Gambling on the evening interest rate is good
ETH: 1-hour and 4-hour levels return to a healthy level, and the daily level returns to a healthy level. The macro impact has improved, and expectations for interest rate cuts have increased again. The ETF has been passed, and the general direction continues to be bullish. Pay attention to the subsequent selling pressure after the ETF is passed. Pay attention to the changes in Grayscale holdings. The upper resistance is 3360-3410 during the day, and the lower support is 3200-3250 during the day. It is expected to consolidate today, and it can be stored. Gambling on the evening interest rate is good