Today's Overall Analysis
1. Technical Analysis
(a) Bitcoin (BTC)
Recently, the price trend of Bitcoin (BTC) has shown a continuous upward momentum. From the hourly chart, after the pin bar market behavior, its bullish trend remains solid and has not been significantly affected. Observing the four-hour chart, the previously observed top divergence phenomenon has now been effectively corrected. It is worth noting that after Bitcoin successfully broke through the price level of 80,000, there was a brief pullback, and the price fell to around 78,500, but then rebounded again, demonstrating a certain level of resilience.
(b) Ethereum (ETH)
Ethereum (ETH) is showing a compensatory upward trend on the daily level, with consecutive days of bullish candlesticks, exhibiting a relatively strong upward trend. However, from the weekly perspective, it faces two key resistance levels at 3,240 and 3,500. In actual performance, the price of Ethereum once surged to 3,248, followed by a pullback to the level of 3,069, but fortunately, it did not fall below the important threshold of 3,000, and the overall trend remains strong. Moreover, this compensatory rally of Ethereum has had a positive impact on the altcoin market, prompting many altcoins to also rebound.
2. Volatility Range Prediction
(a) Bitcoin (BTC)
For Bitcoin (BTC), the price volatility range prediction for today is as follows: support levels are 78,800, 77,400, and 76,700; while resistance levels are 81,800 and 83,100.
(b) Ethereum (ETH)
Today's price volatility range prediction for Ethereum (ETH) is as follows: support levels include 3,095, 2,985, and 2,890; resistance levels are 3,260 and 3,510.
3. Market Observation
Within the market, altcoins are showing a rotational compensatory trend, with different altcoin varieties sequentially entering compensatory opportunities. Among them, the Meme sector and the public chain sector have particularly stood out. For example, Dogecoin has shown a strong rebound, and Musk series coins are also attracting market attention. Additionally, the SUI public chain's performance in the market is also worth investors' attention.