7.8 Tuesday Morning BTC/ETH Latest Market Analysis
From the four-hour level, the momentum is continuing to strengthen, forming a clear downward signal, with a significant downward trend momentum. From the hourly line, the strength is showing a stepped accumulation trend, while the rebound strength is gradually weakening, with each rebound peak lower than the previous high, indicating insufficient support.
From a short-term perspective, the overall market is showing a weak oscillating pattern, with the price center continuously moving downward, and the lower support level facing ongoing tests, and further declines have already opened up.
Trading suggestions:
Bitcoin: 108300-108000, looking at around 107200
Ethereum: 2560-2540, looking at around 2510
