#ETH# 7.2 Bitcoin and Ethereum market analysis: BTC, ETH highlights for today

Market Review
Yesterday, BTC continued to pull back, with increased volume in the 4-hour chart. The pullback broke the 4-hour trend and still requires adjustment. The daily level downward momentum has decreased, a divergence pattern has been observed, and a golden cross has formed, indicating the potential for further upward movement. The weekly trend has shown some recovery, so pay more attention to fundamental information, especially the Federal Reserve's interest rate cut process. Intra-day, focus on changes in the 4-hour trend, continuing to maintain consolidation. In the larger cycle, the weekly chart has not broken down, suggesting a new round of market movement may start.
The second coin follows BTC for a synchronous pullback, the 4-hour trend has changed, and the attempt to break the resistance level has failed, still needing consolidation. The downward momentum at the daily level has weakened, and the expectation for the day is to continue consolidating.
Today's Highlights:
BTC 1-hour and 4-hour levels are below the healthy range, daily level returns to the healthy range, intraday expectation is consolidation, intraday support is 105500-106000, and resistance is 107000-108000.
ETH is below the healthy range on the 1-hour and 4-hour levels, returning to the healthy range on the daily level. A slight increase is expected during the day, with support at 2350-2400 and resistance at 2480-2530.