Yesterday, Bitcoin (BTC) was generally consolidating, with increased volatility in the early morning but the trend remained relatively stable. The market is currently greatly influenced by fundamentals, especially the pace of interest rate cuts by the Federal Reserve, which needs close attention!

From the intraday trend, if BTC can hold steady at key levels, the upward momentum may follow, and we can consider building positions in batches. In the longer term, a golden cross has formed on the weekly chart, suggesting that a new round of market activity is about to start!

Ethereum (ETH) is moving in sync with BTC and is also consolidating.

However, in the early hours, ETH's pullback was slightly larger than that of BTC.

But there is a divergence signal appearing on the 4-hour K-line! If it can hold steady today, there might be potential for an upward movement, and we can also consider entering in batches.

For altcoins, the trend is quite similar to mainstream coins, and the market trading sentiment is still somewhat sluggish. It is recommended to wait for mainstream coins to stabilize before following up!

Recently, it's worth paying close attention to meme coins, as Binance has been very active lately with consecutive Alpha bonus events. You can take the opportunity to accumulate points in preparation for the next round of activities. Additionally, the SOL chain has been very active recently, and the MEME coins on the chain are also worth focusing on!

Today's highlights for BTC: The technical indicators on the 1-hour and 4-hour charts show that the trend is very healthy, and the daily line has also returned to a good state. It is expected to mainly consolidate today, with support in the range of 102500 - 103000 and resistance in the range of 105000 - 106000.

ETH: The trends on the 1-hour and 4-hour levels are also very stable, and the daily line condition is good. Today, it is highly likely to continue consolidating, with support at 2300 - 2350 and resistance at 2500 - 2600.