Yesterday, BTC experienced a mild pullback and adjustment, with a weakening of upward momentum on the 4-hour chart. It needs to adjust before continuing to advance. The downward momentum on the daily chart has decreased, and a divergence pattern has been observed. A golden cross has formed and is expected to continue rising. The weekly trend has shown some recovery, and a mild pullback is anticipated before further increases.
The second coin followed BTC's synchronous pullback, with weakening volume on the 4-hour level and still needing consolidation. The downward momentum on the daily chart has weakened, and it is expected to remain in consolidation during the day, focusing on the support level at 2400.
Intraday market analysis
BTC has returned to a healthy range on the 1-hour and 4-hour levels, with the daily level also returning to a healthy range. It is expected to maintain consolidation throughout the day, with support at 106000-106500 below and resistance at 108000-108500 above.
ETH has returned to a healthy range on the 1-hour and 4-hour levels, with the daily level also returning to a healthy range. It is expected to maintain consolidation throughout the day, with support at 2350-2400 below and resistance at 2500-2550 above.
