August 2
Market Analysis
$BTC : 1-hour and 4-hour levels enter the oversold range, the daily level is below the healthy level, the macro environment improves, the expectation of interest rate cuts increases again, and the general direction continues to be bullish. The short-term correction fundamentals do not see bad news. The dealer may be cleaning the contract to clear the obstacles for the subsequent rise.
Intraday upper resistance 65200-65700📉
Intraday lower support 62300-62800📈
Today's wait-and-see, expected consolidation, the non-agricultural data at 8:30 pm needs attention, and there may be high volatility in the short term
$ETH : 1-hour and 4-hour levels enter the oversold range, the daily level is below the healthy level, the macro impact improves, the expectation of interest rate cuts increases again, the general direction continues to be bullish, pay attention to ETF The subsequent selling pressure after passing the test is related to the change in Grayscale's holdings. In the short term, it will follow the callback of Bitcoin.
Intraday upper resistance 3260-3310📉
Intraday lower support 3080-3110📈
Wait and see today, expected consolidation
