[2024.8.25 Bitcoin and Ethereum intraday market analysis]
Good afternoon, brothers. A lot of things happened today. Let me talk about the first one. Last night, the DAI tokens were stolen, and the hackers bought all the Ethereum, causing Ethereum to soar in a short period of time. The second is that the CEO of the chat software TG was arrested, causing the related token ton to fall. I really envy those hackers. They accidentally became financially free.
Let's talk about the market: Bitcoin is still moving in the sideways zone. Last night's market analysis talked about the top and bottom positions of Bitcoin, and there was no breakthrough or break at night.
Ethereum rose straight to the third pressure level last night because of the hackers' mindless buying, but it was not bad. It did not fall below the bottom support of the sideways zone. It was sideways yesterday. It is expected to move out of the market in the evening or at night today. Please pay attention.
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Today's market analysis:
$BTC Today, the big cake will continue to pay attention to the top pressure level of 64480 in the sideways zone. Only after breaking through this pressure level will the market continue to move up. Pay attention to the upper target/pressure level near 65000-65600-66155
If the upper sideways pressure level of 64480 cannot be broken today, pay attention to the bottom support level of 63555 in the sideways zone. As long as it does not fall below this level, it means that the market will continue to fluctuate sideways. If it falls below this support level, it will start to pull back at the 1/2/4 hour level. Pay attention to the lower support level of 62510-61570-60400. #BTC走势分析
$ETH Ethereum continues to pay attention to the top pressure level of 2780 in the sideways zone today. Only after breaking through this pressure level will the market continue to move up. Pay attention to the upper target/pressure level of 2800-2830-2881. If we cannot break through the upper sideways pressure level of 2780 today, pay attention to the bottom support level of 2736 in the sideways zone. As long as it does not fall below this position, it means that the market will continue to fluctuate sideways. If it falls below this support level, the 1/2/4 hour level will start to pull back. Pay attention to the support level below 2708-2666-2633. #ETH走势分析