🇺🇦 Morning overview
BTC: Bitcoin continues to trade under pressure after falling at the end of last week. The price dropped to 62.6k, where an important support zone is currently located. If buyers hold this level, a rebound toward 63.5–64k is possible. If there is a breakdown to the downside, the next target could be the 61.5–62k area.
ETH: Ethereum is trading near 1840$ and is also still under pressure from sellers. The nearest support is $1820. If it can be held, a recovery toward 1880–1900% is possible. For now, the structure remains weak.
📰 News: This week, the market’s attention will be focused on developments surrounding the CLARITY Act. Around August 7, important decisions regarding the bill may appear, although there is a high probability that the review will be postponed to a later date. Any positive news could support the crypto market, especially altcoins.
Overall: After a strong sell-off, the market is trying to find a local bottom. Without confirmation of a reversal, it’s better to stay cautious and trade only based on clear signals.
BTC: Bitcoin continues to trade under pressure after falling at the end of last week. The price dropped to 62.6k, where an important support zone is currently located. If buyers hold this level, a rebound toward 63.5–64k is possible. If there is a breakdown to the downside, the next target could be the 61.5–62k area.
ETH: Ethereum is trading near 1840$ and is also still under pressure from sellers. The nearest support is $1820. If it can be held, a recovery toward 1880–1900% is possible. For now, the structure remains weak.
📰 News: This week, the market’s attention will be focused on developments surrounding the CLARITY Act. Around August 7, important decisions regarding the bill may appear, although there is a high probability that the review will be postponed to a later date. Any positive news could support the crypto market, especially altcoins.
Overall: After a strong sell-off, the market is trying to find a local bottom. Without confirmation of a reversal, it’s better to stay cautious and trade only based on clear signals.