📅 Today's Analysis - July 28, 2024
Market Status
BTC: After a short-term bullish trend, Bitcoin began to fall back to repair the divergence. The current short-term support levels are around 66,000 and 63,000. The intraday resistance level is 68,000. ETH: Ethereum needs time to repair for the time being. 3350 is the main resistance level. There is no particularly strong demand for the time being.
Market Dynamics
Short-term Support: BTC's 66,000 and 63,000 are key support levels. If it falls below 66,000, altcoins may generally follow suit. Altcoins: Small-cap altcoins may surge at the end of the market.
Short-term focus: It is necessary to pay attention to whether BTC can close above 63,000 before the new monthly line opens in the next two days. Overall trend: In the short term, if the market starts, it is likely that BTC will absorb blood and rise first.
Operation Suggestions
Short-term: Pay attention to BTC's support and resistance levels and operate with caution. Altcoins: Small-cap altcoins may surge in the short term, but be wary of risks.
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