Market Analysis for BTC and ETH on 7.26: BTC, ETH Highlights Today
Market Review
Yesterday, BTC rebounded after overselling, with significant 4-hour amplitude, no clear negative factors, 4-hour trend breaking through, under repair and consolidation, focusing on 118,000 resistance, patiently waiting for market movement, daily level still needs consolidation, death cross formed, monitoring volume changes, weekly trend partially recovering, pay attention to fundamental information, Federal Reserve interest rate cuts, expecting intraday consolidation, with weekly cycle potentially starting a new upward phase
Altcoin launched an independent trend, 4-hour trend performing well, golden cross formed on axis, unaffected by BTC, daily level trend relatively extreme, currently recovering well, volume remaining healthy, but short-term gains too rapid, monitoring 4-hour volume, expecting continued intraday rise
Altcoins following mainstream synchronous callback, altcoin index maintaining medium level, market sentiment partially recovering, focusing on BTC market share, fiat buying signals, judging altcoin launch signals, ETH-related coins heavily influenced by ETH, consider following, monitoring Pendle, trend looking good, potential to rise, recent Binance activities frequent, Alpha points activities ongoing, can accumulate points, many opportunities for rewards
Today's Highlights:
BTC 1-hour and 4-hour levels below normal, daily level returning to normal, expecting intraday consolidation, lower support 116,000-116,500, upper resistance 118,000-118,500
ETH 1-hour and 4-hour levels back to normal, daily level entering overbought zone, expecting continued intraday rise, lower support 3,650-3,700, upper resistance 3,800-3,900
