The overall crypto market is currently sluggish, and fewer and fewer people are paying attention to BTC and ETH. Everyone is still stuck in the mid-year fear of a 50% drop. BTC has been sliding all the way from 120k down to 90,000, then 80,000, and now 60,000—every time it gives people hope, it gets them cruelly harvested. ETH is even worse: from 5,000 to 1,500, and the hope it offered in the middle has been even less than BTC’s—there has been absolutely no bullish action.



No matter where this current rally trend goes, the strength this time— from the highest point to the previous period—has never been seen before! So Big Mountain doesn’t want everyone to miss this bigger and relatively more stable opportunity in the crypto market. Recently, altcoins have been sweeping through the space; gold and AI have even jumped higher. And in other public venues as well, there have been gold analyses for everyone. As for the second half of the year, for long- and medium-term outlooks, it looks like it’s the era of crypto. I suggest everyone can position themselves in advance.

BTC currently has a first target at the 70,000 level, with support around 62,000. The second target is the previous high at 82,850. Support at the lower level is 57,800.

After ETH breaks below 1,950, it faces the 2,000 level, with support at 1,820. The second target is around 2,150, which targets support at 1,720! $BTC #Gate事件合约首发狂欢 #夏日创作营
BTC1.39%
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BlockchainMountain
· 07-24 08:07
Go for it 👊
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BlockchainMountain
· 07-24 08:07
Go for it, 👊
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StableWhisky
· 07-24 04:27
Is it going to be another trap if you get in now? Every time they say “buy the bottom,” but it turns out there’s a basement under the bottom.
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ArbitrumAddict
· 07-24 03:56
Dashan’s analysis is quite detailed, but retail investors can’t stand this kind of repeated fluctuation; it’s recommended to set a stop-loss and then follow along.
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MempoolGazer
· 07-24 02:53
Actually, this altcoin season is indeed pretty interesting. Both the gold and AI concepts have been rising—however, if the market can hold steady at 62,000, then 70,000 is not a dream; the key is the strength of the volume.
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