7.2 Market Analysis: Bitcoin Breaks Key Support, Ethereum Faces Triple Top Resistance

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2 days ago

BTC: From the daily chart perspective, it has already broken below the key support area at 106500, increasing the probability of a short-term downward adjustment. However, overall, the bullish trend on the daily chart has not been completely destroyed. The minor support is around 104800-105000, which is crucial; as long as it does not break below this level, there is still room for a rebound in the future.

ETH: 2520 has formed multiple top resistances. This morning, testing the minor support area at 2380 may provide some room for a slight rebound, but the strength will not be very strong. For short-term resistance, pay attention to the level at 2455.

For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.

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