BTC, ETH Market Analysis:
Yesterday, BTC continued to decline, briefly dropping below 67000 before quickly recovering. The expectation for this round of decline is related to the upcoming end of the election, with capital temporarily retreating to observe. Currently, the 4-hour level is basically consolidated, and the bottom divergence is very clear. The expectation for a rebound during the day is present. Currently, Trump's support rate in the election is higher, so we can consider building positions during the day. The daily level remains healthy, and the weekly level has formed a golden cross. Hold your positions firmly, maintain confidence, and continue to be bullish. ETH followed BTC's decline yesterday, briefly dropping to around 2350. Currently, the 4-hour level has also formed a divergence pattern, and the expectation for a rebound during the day is present. We can consider building positions and remain bullish. The target range remains unchanged at 2800-3000.
Today's Highlights
BTC: The 1-hour and 4-hour levels are below healthy levels, while the daily level has returned to a healthy level. The expectation for a rebound during the day is present, and it is recommended to build positions and follow up. The expectation for the long term has not weakened. The support level during the day is 67000-67500, and the resistance level is 69500-70000.
ETH: The 1-hour and 4-hour levels are below healthy levels, and the daily level is also below healthy levels. The expectation for a rebound during the day is present, and it is recommended to build positions and follow up. For those who have positions, hold them. The resistance level during the day is 2500-2530, and the support level is 2350-2400.
