‼July 30 ‼


BTC Market Analysis + Today's Crypto News
1. U.S. stock market trend:
--Last night, the US stock market continued to decline slightly, with no large bearish candlestick and did not break the daily trend line, resulting in slight fluctuations.
2. #BTC Trend:
--The 12-hour trend line is still under heavy pressure and unable to break through. Today's upper pressure is at 121237, still under observation. As time goes by, the trend line will reach around 124000. We will observe whether BTC has a significant surge to reach this height, at which point we can short. Be patient and wait, and the lower level still cannot break 114892.
3. #ETH Trend:
--Adjustments are the main focus, with significant pressure still around 4000-4100. The previous weekly triple top has considerable resistance. Pay attention to the daily trend line not breaking down; still bullish, but the range is limited.
4. The current key support level for the market #BTC:
Current core interval reference:
• Upper resistance: Resistance level around 121237, support level around 116500. Still paying attention to the upward pressure of the 12-hour trend line, be cautious with long positions, and avoid heavy betting. Short positions should wait for entry.
BTC-3.21%
ETH-5.71%
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