Bitcoin and Ethereum Market Analysis on 6.5: BTC, ETH Highlights Today
Market Review
Yesterday, BTC continued to consolidate with a slight pullback. The 4-hour level maintained an upward oscillation, and the daily top divergence has not been fully repaired. Short-term cycles still need adjustment, while the weekly trend remains healthy. Pay more attention to fundamental information and the Federal Reserve's interest rate reduction process. The intraday expectation is to maintain oscillation and wait for market movement. On the larger cycle, the weekly golden cross has formed, and a new round of market movement is expected to start
The secondary market followed BTC's synchronous consolidation. The 4-hour trend remains healthy, and the daily downward momentum is decreasing. It is expected to continue rising intraday and can be followed after stabilization
Altcoins followed the mainstream synchronous consolidation. Market sentiment remains low, with the altcoin index pulling back to a lower level. After mainstream stabilization, consider following, and pay attention to meme, ETH track coins. Binance has been frequently hosting activities, with continuous Alpha point events. You can accumulate points and wait for the next event. SOL's on-chain activity continues to rise, and MEME coins are worth monitoring
Today's Highlights:
BTC returned to a healthy range at 1-hour and 4-hour levels, and daily levels are back to a healthy range. Intraday expectation is to continue consolidation, with lower support at 104,000-104,500 and upper resistance at 105,500-106,500
ETH returned to a healthy range at 1-hour and 4-hour levels, and daily levels are back to a healthy range. Intraday expectation is to potentially rise, with lower support at 2,520-2,570 and upper resistance at 2,700-2,750
