【BTC maintains high-level consolidation, ETH rebounds after retracement, altcoin lags behind! No trap, no Market Maker!】

2024.7.23 8:52 AM BTC Market Analysis
Last night, BTC was relatively strong and is still consolidating around 67500. ETH fell below 3451 twice this morning before rebounding to 3451, creating more than 20+ space. Most other altcoins directly fell back near last week's starting point of the rise!
At this moment, BTC is similar to the trend of last night. The demand for retracement within 24 hours is still present. If it can maintain above 67000, there will be a rebound demand in the 4-hour chart to break through 69000 or even touch 70000+
However, in the past 24 hours, when the stepping signal has not been confirmed, only a short masturbation within the day is not an opportunity to lay out for three or five days!
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Pressure temporarily set at 69000
At present, as the trend is nearing the end of the month, coupled with the Canadian Central Bank's interest rate cut and the positive stimulation of the expected value of the US core PCE data, as well as the BTC Ecological Conference from the 25th to the 27th, all of these factors contribute to high market fluctuations and FOMO sentiment. Therefore, it is not a good time for short-term traders; however, if there is a Long Wick Candle, it is still possible to make a trade within the day!
#BTC
#ETH ETF上市后，预测ETH价格走势