#今日市场观点

[News Express: Mt Gox transferred out 32371 BTC]

The total market value of cryptocurrencies evaporated by 35.3 billion US dollars in the past 24 hours, BTC fell by 0.61%, with an amplitude of 3.03%. The ahr999 Hoarding Index has entered the fixed investment range.

1. News review:

1. Mt Gox transferred out 32371 BTC;

2. Binance: The approval of the spot Ethereum ETF is expected to significantly increase demand and push up ETH prices;

3. The daily trading volume of the Ethereum spot ETF exceeded 500 million on the second day of trading.

2. Today's focus:

20:30, the number of initial jobless claims in the United States for the week ending July 20;

Coinbase International Station launched TAO, TON and TRB perpetual futures trading.

3. Morning analysis

1. BTC 1-hour price trend: down

Recent K-line shows large price fluctuations, with multiple long lower shadows (such as 05:00 on July 25 and 22:00 on July 24), indicating that although there is selling pressure, the buyer's intervention is strong. The latest few hourly K-line entities are smaller, and the upper and lower shadows are balanced, suggesting that the market is hesitant.

2. ETH 1-hour price trend: down

Recent K-line shows large price fluctuations, with a trend from a high of 3540.94 to 3285.69 from July 23 to 25. In the latest hour, the price rebounded slightly, but the overall trend is still downward. During the period from 19:00 on July 24 to 07:00 on July 25, multiple attempts to rise failed to break through the previous high, forming a relatively obvious resistance level.

3. SOL 1-hour price trend: down

Recent K-line shows large price fluctuations. A K-line with a long upper shadow appeared at 01:00 on July 25, indicating heavy selling pressure at high levels. From 21:00 on July 24 to 02:00 on July 25, the closing price was lower than the opening price for four consecutive hours, forming a series of negative lines, reflecting the bearish sentiment of the market.