June 27 Bitcoin Ethereum Market Analysis: BTC, ETH Today's Highlights

Market Review

Yesterday BTC experienced a slight pullback and adjustment, with 4-hour upward momentum weakening. It needs to adjust before continuing its advance. The daily chart's downward momentum has decreased, showing a divergence pattern, and a golden cross has formed, indicating the potential for continued upward movement. The weekly trend has shown some recovery, with a focus on fundamental information, the Federal Reserve's interest rate cut process, and an expectation of a mild pullback today before continuing to rise. In the longer term, the weekly chart has not broken down, and a new round of market activity is expected to start.

Altcoins follow BTC's synchronous adjustment, with 4-hour momentum weakening and still needing consolidation. The daily chart's downward momentum is weakening, with an expectation of maintaining consolidation today and paying attention to the 2400 support level.

Altcoins are synchronously consolidating with mainstream coins, and the altcoin index remains low, waiting for the mainstream to stabilize before considering follow-ups. ETH's affiliated tokens are significantly influenced by ETH, waiting for stabilization before considering follow-ups. Recently, Binance has been active with frequent promotions and Alpha points activities; you can accumulate points in anticipation of the next round of promotions. The activity on the SOL chain is continuously rising, so it’s worth paying more attention to MEME tokens.

Today's Highlights:

BTC 1-hour and 4-hour levels have returned to a healthy range, and the daily level has also returned to a healthy range. The expectation today is to maintain consolidation, with support at 106000-106500 and resistance at 108000-108500.

ETH 1-hour and 4-hour levels have returned to a healthy range, and the daily level has also returned to a healthy range. The expectation today is to maintain consolidation, with support at 2350-2400 and resistance at 2500-2550.