Market Review
Early this morning, the temporary suspension of tariffs encouraged the market, with BTC making a significant rebound, and US stocks also rebounding sharply. However, the rebound cycle is unlikely to last long, and market sentiment has not significantly improved. More positive stimuli are needed. A mild callback is expected during the day, and patience is advised to wait for stabilization before taking action. The larger cycle needs adjustment, and waiting for confidence to recover is recommended.
The secondary market followed BTC's synchronized rebound, but the trend has not yet recovered to a healthy state. A mild callback is expected during the day, with the market remaining sluggish. Patience is advised to wait for stabilization.
Altcoins followed the mainstream synchronized rebound, with a callback range not much different from the mainstream. Patience is advised to wait for mainstream stabilization before taking action. Focus should be placed on the primary market. BSC chain activity has increased, and following BSC ecosystem tokens can be considered. SOL chain activity has somewhat recovered, and more attention can be paid to MEME tokens. For existing holdings, patience is needed while waiting for market recovery.
Today's Focus:
BTC's 1-hour and 4-hour levels are returning to a healthy level, while the daily level remains below the healthy level. A mild callback is expected during the day, with lower support at 79,500-80,000 and upper resistance at 83,000-83,500.
ETH's 1-hour and 4-hour levels are returning to a healthy level, while the daily level remains below the healthy level. A mild callback is expected during the day, with lower support at 1,470-1,520 and upper resistance at 1,700-1,750.
