BTC continued to consolidate yesterday, and the market continued to be sluggish. Today, the correction was large this morning, falling below 65,000 in a short period of time. The market confidence is insufficient, and the side effects of the expected extension of the interest rate cut are still continuing. The downward momentum is still significantly weakened, and the fundamentals have not shown any positive news. We still need to wait patiently for the market to stabilize. ETH followed BTC in synchronous consolidation. The correction this morning was large, breaking through the 3,400 support level and then quickly recovered. It has broken yesterday's relatively healthy trend. There are more pessimistic expectations. The positive news of ETFs has been completely replaced by the macro environment. We need to wait patiently for stabilization. The altcoin sector followed the mainstream in synchronous correction, with a large decline. Many altcoins have entered the oversold range. However, the current environment does not allow for easy bottom-fishing. We still need to wait and see, waiting for reversal signals.
RGB++ has started free casting, and the recent on-chain activity has increased. RGB++ is also a very good new protocol, which has a good effect on the construction of the BTC ecosystem. We will continue to pay attention to this sector. The market continues to be sluggish. Wait for the sector's heat review before taking action.
The rune market is still sluggish. Pay attention to high-quality currencies in the rune market and start buying when waiting for the second wash.
Today's intraday market, BTC's lower support is 64000-64500, and the upper resistance is 66000-66500. ETH3350-3520
