Market Review
Yesterday, BTC continued to consolidate with a slight increase. The 4-hour trend remained healthy, with a daily-level top divergence still present. Waiting for the daily trend to develop, the weekly trend remains healthy. Pay attention to fundamental information, the Federal Reserve's interest rate reduction process, and focus on whether 108,000 can be stabilized intraday. If stabilized, consider a light follow-up. On the larger cycle, the weekly golden cross has formed, and a new round of market movement is expected to start
The second coin followed BTC in synchronous consolidation with a slight increase, maintaining a healthy trend. Waiting for BTC to stabilize, focus on whether 2,550 can be stabilized intraday. If stabilized, consider following up
Altcoins synchronized with mainstream coins in consolidation. Market sentiment is low, with the altcoin index pulling back to a lower level. Consider following up when mainstream coins stabilize. Pay attention to meme and ETH track coins. Binance has been frequently hosting activities, with continuous Alpha point events. You can accumulate points while waiting for the next event. SOL's on-chain activity continues to rise, and MEME coins are worth monitoring
Today's Focus:
BTC returns to a healthy range at 1-hour and 4-hour levels, and daily level returns to a healthy range. Expected to consolidate intraday, with lower support at 107,500-108,000 and upper resistance at 110,000-110,500
ETH returns to a healthy range at 1-hour and 4-hour levels, and daily level returns to a healthy range. Expected to consolidate intraday, with lower support at 2,550-2,600 and upper resistance at 2,700-2,750
