High-energy warning ahead: Whether Bitcoin will be a successful fifth wave depends mainly on whether this 4-hour level bearish OB can be successfully broken through. The resistance range of 61400~61500 is very critical. If 61500 cannot be broken today, it may be the beginning of a decline again. It will rebound, so it will take time to wait and see. ​​​

Ethereum is really a hopeless person. It has been half a month since the 4-hour line of Ethereum plummeted. From the trend, the market is still repairing the impact of the previous plunge and has been fluctuating in the region. The second half of the year is also facing the expectation of a possible interest rate cut. Under the influence of various aspects, the market may be more confusing. The rebound in the morning was suppressed by the upper downward trend line and the upper track of the 4-hour line, and the market rebound was blocked.

Combined with technical indicators, the MACD green volume column has a trend of continuing to increase, and other technical indicators are also upward. The market will have the opportunity to test the suppression of the daily middle track and the upper track of the 4-hour line again. Today, it is recommended to see the market rebound first, and then enter the short position if it does not break the upper suppression. If you are not satisfied with the recent market operation, please consult btc5063 and find me to discuss the market.

Bitcoin is short near 60800-61300, the target is 58000-56500, and the defense is 61850

Ethereum is short near 2650-2680, the target is 2570-2500, and the defense is 2735

This column is a long-term technical analysis, objective and rational, with clear ideas and accurate points. Please like and follow.

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