Bitcoin and Ethereum Market Analysis on 6.14: BTC, ETH Highlights Today
Market Review
Yesterday, BTC rebounded after overselling, focusing on the Iran situation. The 4-hour level consolidation is acceptable. Without major upgrades in the Iran situation, subsequent issues are not significant. The daily line needs to be repaired and still requires adjustment. The weekly trend remains healthy. Pay more attention to fundamental information, the Federal Reserve's interest rate cut process, and observe the day's event developments. The weekly golden cross has formed, and a new round of market movement is expected to start
The secondary market followed BTC's synchronous rebound, returning above 2500, with a good 4-hour adjustment state. Waiting for event developments, mainly observing, and considering action after stabilization
Altcoins followed the mainstream synchronous rebound. The altcoin index remains low, waiting for mainstream stabilization before considering follow-up. ETH-related coins are heavily influenced by ETH, waiting for stabilization before considering follow-up. Recently, Binance has frequent activities, with continuous Alpha point events where points can be accumulated while waiting for the next round of activities. SOL's on-chain activity continues to rise, and MEME coins are worth paying attention to
Today's Highlights:
BTC's 1-hour and 4-hour levels are below the healthy range, with the daily line returning to the healthy range. Observe day's event developments, with lower support at 104000-104500 and upper resistance at 106000-107000
ETH's 1-hour and 4-hour levels are below the healthy range, with the daily line returning to the healthy range. Observe day's event developments, with lower support at 2450-2500 and upper resistance at 2600-2650
