Technical side
Yesterday's market reminded everyone that Bitcoin will fluctuate downward. Yesterday's market did maintain a fluctuating downward movement. In the short term, it will still maintain a position of 65300 below the oscillation. If it breaks through, it will see 64000. The short-term upper resistance is 67400. It is best if it goes down to around 61000. We can enter the market in batches.
At present, Ethereum is relatively strong overall, but after Bitcoin made a correction yesterday, it also led to a retracement downward. At present, Ethereum is in a state of rising tops and bottoms at the four-hour level. MACD is also gradually returning to the zero axis to choose the corresponding direction. Therefore, from a small level, this position will have an upward rebound, but it depends on whether Bitcoin can give it room to play at this position. At this position, we have to focus on its oscillation range, between 3230 and 3323, and the upper four-hour resistance is at 3380.
News side
BlackRock Ethereum ETF ETHA's holdings exceed 150,000 ETH, with a market value of over $500 million
Goldman Sachs CEO: Bitcoin may be used as a value storage use case
Trump campaign raised $21 million during the 2024 Bitcoin Conference
Mt.Gox address in Mentougou transferred 33,963.888 bitcoins to two addresses 6 minutes ago, worth about $2.25 billion.
At 2 a.m. on August 1, there will be a Fed interest rate decision, with an expected value of 5.5%
