Bitcoin and Ethereum Market Analysis on 6.9: BTC, ETH Highlights Today
Market Review
Yesterday, BTC slightly increased, returning to the original oscillation range, with a mild callback in the early morning. Focus on the 105,000 support level. The daily level is expected to complete repair this week, with the weekly trend remaining healthy. Pay attention to fundamental information and the Federal Reserve's interest rate reduction process. The daily expectation is to maintain oscillation and wait for market movement. In the larger cycle, the weekly golden cross has formed, and a new round of market movement is expected to start
Ethereum followed BTC's synchronous consolidation. The 4-hour level has not yet completed adjustment, and the daily level still needs repair. The daily expectation is for consolidation, focusing on breaking through the 2,500 resistance level
Altcoins are consolidating in sync with mainstream coins. Market sentiment remains low, with the altcoin index pulling back to a lower level. Waiting for mainstream market movement, focusing on meme and ETH track coins. Binance has been frequently hosting activities, with continuous Alpha point events. Users can accumulate points and wait for the next activity. SOL's on-chain activity continues to rise, and MEME coins are worth paying attention to
Today's Highlights:
BTC's 1-hour and 4-hour levels return to the healthy range, with the daily level back to the healthy range. The daily expectation is to maintain consolidation. The lower support is 104,700-105,200, and the upper resistance is 106,000-106,500
ETH's 1-hour and 4-hour levels are below the healthy range, with the daily level returning to the healthy range. The daily expectation is to maintain consolidation. The lower support is 2,400-2,450, and the upper resistance is 2,550-2,600
