Bitcoin and Ethereum Market Analysis on 6.27: BTC, ETH Highlights Today
Market Review: Yesterday, BTC slightly adjusted and consolidated, with 4-hour rising volume weakening, needing adjustment before continuing to advance. The daily downward momentum has decreased, showing a divergence pattern, with a golden cross already formed, expected to continue rising. The weekly trend has somewhat recovered. Pay attention to fundamental information, Federal Reserve interest rate cuts. Intraday expectation is a mild pullback before continuing to rise, with the larger cycle weekly trend not yet broken, potentially launching a new market trend
Ethereum followed BTC in synchronous adjustment, with 4-hour volume weakening, still needing consolidation. Daily downward momentum has weakened, with intraday expectation of maintaining range-bound movement, focusing on support around 2400
Altcoins synchronized with mainstream coins, with altcoin index still low, waiting for mainstream coins to stabilize before considering entry. ETH-related coins are heavily influenced by ETH, waiting for stabilization before considering entry. Recently, Binance activities have been frequent, with ongoing Alpha points activities that can be accumulated while waiting for the next event. SOL's on-chain activity continues to rise, with recommended focus on meme coins
Today's Highlights:
BTC returns to a healthy range on 1-hour and 4-hour levels, daily level returning to a healthy range. Intraday expectation is to maintain consolidation, with lower support at 106000-106500 and upper resistance at 108000-108500
ETH returns to a healthy range on 1-hour and 4-hour levels, daily level returning to a healthy range. Intraday expectation is to maintain consolidation, with lower support at 2350-2400 and upper resistance at 2500-2550
