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Brother Fish has clearly marked this resistance level: 75,800-77,000. If it can't break through, just keep grinding.
Market Review
The overall trend of the market is basically the same as described in yesterday's blog post, maintaining a range-bound oscillation pattern, with small intraday fluctuations.
Bitcoin's highest point yesterday was 76,558, and the lowest was 73,724, with an intraday volatility of 3.84%.
Ethereum's highest point yesterday was 2,346, and the lowest was 2,259, with an intraday volatility of 3.85%.
The gains of the two main tokens are roughly the same.
Today’s Market Analysis
Currently, both Bitcoin and Ethereum prices are within a 4-hour support zone, around 75,000 for Bitcoin and around 2,300 for Ethereum.
The intraday trend continues to oscillate, expecting a sideways upward movement.
On the hourly chart, the bottoming process shows the price gradually rising!
From an international perspective, there are no significant negative or positive data at the moment.
Additional factors are mainly ongoing wars or the release of related data.
There is still room for optimism about the market; at least, Brother Yu feels this rebound is not over yet.
The range of 77,000 to 80,000 still needs to be tested.
Intraday Resistance and Support
BTC 75,800/76,200/77,000
75,000/74,200/73,500
ETH 2,330/2,380/2,420
2,300/2,260/2,200
Spot and Altcoins
Rave, which dropped from $30 to $0.5 in one day, really surprised everyone.
I just checked the market, and it’s starting to rebound again.
Currently at 1.8, the bottom has risen nearly three times, which is really exciting.
Brothers, be cautious when trading contracts related to this coin!
Talking about the World Cup, it’s really tough, but fortunately, this $Chz has gone up again.
Currently at 0.047. Overall, the spot has gained about 40% profit.
Hold on and wait.
Currently, the altcoins I hold are:
CHZ, PEPE, PENDLE
Alpha tokens:
BSB, FOLKS, Freedom of Money