【2024.6.26 BTC/ETH intraday market analysis】
Good afternoon, brothers. I drank too much last night and had a hangover for half a day. Now it just closed for 4 hours. Let me analyze today's market trend for you.
Yesterday's rise of Bitcoin Ethereum was just as deduced. It rebounded after touching the bottom. The position of 5.8w is the support of the monthly line. It is reasonable to support and rebound after falling to this position. It is impossible to keep falling. After all, chips are needed to smash the market.
Today's market analysis:
Bitcoin is rebounding in the current 4 hours. It is currently fluctuating sideways at a high level. Today, as long as the 4-hour closing is above 61150, it is in a rebound. The upper target/pressure level should be around 62440-63300-64000. Only when it stands above 64000, the rebound will end the whole big trend and it can be bullish!
If it falls below 61150 today, the 4-hour rebound will end and the market will turn bearish. Pay attention to the support level below 60250-59250-58200!
Ethereum is rebounding in the current 4-hour market. It is currently fluctuating sideways at a high level. As long as the 4-hour closing line is above 3375 today, it is in a rebound. The upper target/pressure level should be around 3428-3480. Only when it stands above 3480 and rebounds, the whole big trend can be over!
If it falls below 3375 today, the 4-hour rebound will end and the market will turn bearish. The lower support level should be around 3335-3284-3213! $BTC $ETH