Market Review: In yesterday's morning report, it was mentioned that Bitcoin (BTC) should focus on the 76500 position during the day, while Ethereum (ETH) should watch the 2950-3000 point range, which just reached the position for a slight closing trend. It was also clearly stated that the current market will continue to look bullish. The overall performance of altcoins yesterday was quite sluggish, with only a few related to Ethereum seeing gains. Conversely, altcoins are now making up for losses while Bitcoin is declining, indicating that the overall market liquidity is still insufficient, with most funds being absorbed by Bitcoin. Recently, attention can be focused on the AI sector and meme sector, as these two areas have not moved much in this round of market activity and can be key areas to focus on for positioning.
Six-Day BTC Outlook: Yesterday, BTC surged to a high of 77000 and then made a direct pullback. We mentioned that only with an effective breakthrough and stability at this key point can Bitcoin directly reach the next phase around 80000. Currently, the Bitcoin price is in a high-level oscillation phase, with the four-hour chart consistently fluctuating within the 75000-77000 range. The strong support level at the bottom is currently at 74000. For the next six days, pay attention to the support level near 75000 and the strong support point around 74000. On the upside, monitor the 77000 level; if this position stabilizes, the market will directly target the 80000 position. It is expected that the high-level oscillation will continue for a few days before a bullish trend emerges.
Six-Day ETH Outlook: Ethereum is now approaching the 3000 point level as it makes up for previous losses. The four-hour chart is also showing a continuous upward movement. Currently, it is fully synchronized with Bitcoin. In the short term, focus on whether the 3000 level can be effectively broken and stabilized. If it cannot stabilize, the market will enter a correction phase. Over the next six days, pay attention to the support level at 2900 and the next line at 2860-2800, which can serve as short-term strong support points. On the upside, watch if the 3000 point can break through; if it does, it will directly target the range of 3150-3200.
