Review and analysis of the market on July 31
BTC market review:
Yesterday, BTC broke through 66,000 points on the daily line, and rebounded after hitting a low of around 65,300 in the early morning.
The current volatility is relatively small, and the market is paying attention to the support of 66,000 points and expecting higher points.
Objectively speaking, this is an obvious way of shipping. It is necessary to pay attention to whether BTC can break through 66,000 points strongly and reach the range of 64,000-64,600. The market is bearish and the trend is inevitable.
ETH market review:
ETH performed slightly stronger in the past two days, but fell directly to around 3230 in the early morning.
ETH's weakness this year is obvious, and its trend is not optimistic at present.
Today's highlights:
BTC has not completely broken through 66,000 points at the daily level, and it is expected to fall below tomorrow.
The four-hour level focuses on the support of 64,000-64,600. After breaking, pay attention to the range of 62,000-63,000.
The intraday resistance position is at 67,000 points, and the bearish correction continues.
ETH has reached its second high point on the daily level, and the market is falling, showing weakness.
The intraday resistance point is near the 3320 line, and the first support position below is near 3160.
The key daily points to watch are at 2960-3000, and the current weak performance continues.
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