Yesterday, BTC continued to rise, and the release of non-farm payroll data led to significant short-term volatility. There was no obvious increase in volume over the past 4 hours, and after briefly breaking through the previous high, it was pulled back again, maintaining a state of fluctuation. The downward momentum on the daily level has decreased, and a divergence pattern has appeared. A golden cross has formed, indicating the possibility of continued upward movement. The weekly trend has shown some recovery; more attention should be paid to fundamental information, with a slight expectation of maintaining fluctuation during the day.
The second pie has risen in sync with BTC, breaking through the resistance level on the 4-hour chart. Pay attention to the stability at 2500. The downward momentum on the daily level has weakened, and the expectation for the day is to maintain consolidation.
Intraday market analysis
BTC is above the healthy range on the 1-hour and 4-hour levels, with the daily level returning to the healthy range. The expectation for the day is to maintain consolidation, with support at 108000-108500 below and resistance at 110000-110500 above.
ETH is above the healthy range on the 1-hour and 4-hour levels, with the daily level returning to the healthy range. The expectation for the day is to maintain consolidation, with support at 2500-2530 below and resistance at 2650-270 above.
