Yesterday, BTC continued to rebound, showing no significant increase in volume. The 4-hour corrective trend reached a resistance level of 115500 but failed to break through, continuing to consolidate. The daily downward momentum is weakening, and we continue to wait for a correction. The weekly trend has somewhat recovered, so pay more attention to fundamental information. The intraday expectation remains consolidation.
The second coin followed BTC's synchronized rebound, showing slight divergence on the 4-hour chart. The rebound exceeded expectations but still requires a pullback for correction. The daily downward momentum is weakening, so watch for changes in the 4-hour trend. The intraday expectation remains consolidation.
Intraday Market Analysis
BTC has returned to healthy levels on the 1-hour and 4-hour charts, with the daily level back to normal. The intraday expectation remains consolidation, with support at 113500-114000 below and resistance at 115500-116000 above.
ETH has also returned to healthy levels on the 1-hour and 4-hour charts, with the daily level back to healthy. The intraday expectation remains consolidation, with support at 3520-3600 below and resistance at 3700-3750 above.
