Bitcoin and Ethereum Market Analysis on 6.25: BTC, ETH Highlights Today
Market Review
Yesterday, BTC continued to rise as expected. Geopolitical conflicts have paused, with a ceasefire agreement reached between Israel and others, restoring market confidence. The 4-hour trend has returned to a healthy state, with a mild consolidation and potential for further growth. The downward momentum on the daily chart has decreased, showing a divergence pattern. Waiting for a 4-hour level breakthrough, the weekly trend has somewhat recovered. Focus on fundamental information, the Federal Reserve's interest rate cuts, and expect a mild pullback during the day before continuing to rise. On the larger cycle, the weekly chart has not broken, and a new round of market movement is expected to start
The second pie followed BTC's synchronous rise. The 4-hour volume weakened, with a potential head and shoulders pattern forming. The daily downward momentum has weakened, with an expected mild pullback during the day before continuing to rise. Pay attention to the 2400 support level
Altcoins followed the mainstream synchronous rebound. The altcoin index remains low, waiting for the mainstream to stabilize before considering following. ETH-related coins are heavily influenced by ETH, waiting for stabilization before considering entry. Binance has been active recently, with ongoing Alpha point activities that can be accumulated while waiting for the next event. SOL's on-chain activity continues to rise, and MEME coins are worth paying attention to
Today's Highlights:
BTC returns to a healthy range on 1-hour and 4-hour levels, with a daily level returning to a healthy range. Expect a mild pullback during the day before continuing to rise. Intraday support is 105500-106000, with resistance at 107000-107500
ETH returns to a healthy range on 1-hour and 4-hour levels, with a daily level returning to a healthy range. Expect a mild pullback during the day before continuing to rise. Intraday support is 2370-2420, with resistance at 2500-2550
