Yesterday BTC remained in consolidation, continuing to recover. The impact of geopolitical conflicts has started to weaken. The downward momentum on the 4-hour chart has begun to decrease, still needing adjustment. The daily level awaits the 4-hour to break out, undergoing healthy recovery. The weekly level trend is healthy, and the subsequent market outlook remains positive. Attention should be paid to the fundamental situation, with expectations for intraday consolidation. The longer-term weekly level remains healthy, and a new round of upward cycles is expected to begin.
ETH is following BTC in synchronous consolidation, maintaining volatility. The 4-hour level still needs adjustment, and the downward momentum is not strong. It is expected to break out in the near future. The daily level remains in consolidation, maintaining range fluctuations. Intraday attention should be on the 2450 support level, and the altcoin sector is synchronously consolidating with the mainstream. The altcoin index is still not high, so focus on the stability of the mainstream.
Intraday Market Analysis
BTC is below the healthy range on the 1-hour and 4-hour levels, and the daily level has returned to the healthy range. Intraday expectations maintain consolidation, focusing on the stability of support levels. The intraday lower support is 104000-104500, and the upper resistance is 106000-106500.
ETH is below the healthy range on the 1-hour and 4-hour levels, while the daily level has returned to the healthy range. Intraday expectations maintain consolidation, with lower support at 2430-2480 and upper resistance at 2550-2600.
