Bitcoin and Ethereum Market Analysis on 6.7: BTC, ETH Highlights Today
Market Review
Yesterday, BTC rebounded after overselling, with a quick 4-hour callback, still needing adjustment, daily level still requires repair, short-term cycle needs adjustment, weekly trend remains healthy, focus more on fundamental information, Federal Reserve interest rate cut process, expected to maintain oscillation within the day, waiting for market movement, with a golden cross forming on the weekly cycle, a new round of market is expected to launch
The second pie follows BTC's synchronized rebound, 4-hour adjustment not yet ended, daily level still needs repair, expected to continue rebounding within the day, pay attention to breakthrough at 2500 resistance level
Altcoins synchronized with mainstream consolidation, market sentiment still low, altcoin index again callback to lower levels, waiting for mainstream market movement, focus on meme, ETH track coins, recent Binance activities frequent, Alpha points activity continuous, can brush points, waiting for next round of activities, SOL chain activity continuously rising, can pay more attention to MEME coins
Today's Highlights:
BTC 1-hour and 4-hour levels below healthy range, daily level back to healthy range, expected to maintain consolidation within the day, lower support 103500-104000, upper resistance 105500-106000
ETH 1-hour and 4-hour levels below healthy range, daily level back to healthy range, expected to continue rebounding within the day, lower support 2400-2450, upper resistance 2550-2600
