Yesterday, BTC continued to pull back, the 4-hour volume increased, and the pullback broke the 4-hour trend. Further adjustments are needed. The daily level's downward momentum has decreased, a divergence pattern has been observed, a golden cross has formed, and it is expected to continue rising. The weekly trend has somewhat recovered. Pay attention to the changes in the 4-hour trend during the day, and continue to maintain consolidation. In the long-term aspect, the weekly level has not broken down, and a new round of market activity is expected to start.
The second coin followed BTC's synchronous pullback, the 4-hour trend changed, and the attempt to break resistance failed, still needing consolidation. The daily level's downward momentum weakened, and a continued consolidation is expected during the day.
Intraday Market Analysis
BTC is below the healthy range in the 1-hour and 4-hour levels, and the daily level has returned to the healthy range. A consolidation is expected during the day, with support at 105500-106000 and resistance at 107000-108000.
ETH is below the healthy range in the 1-hour and 4-hour levels, and the daily level has returned to the healthy range. A slight increase is expected during the day, with support at 2350-2400 and resistance at 2480-2530
