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Analysis of the intraday trend on the 10th of August
The Bitcoin is currently consolidating at the bottom. Today, pay attention to the bottom of the consolidation zone at 120540 and the top at 122233. As long as it doesn't break below 120540 on a pullback, a small-level rebound will still occur. The focus will be on the top of the consolidation zone at 122233; if it cannot break through, it will still drop at a small level. If it breaks through, a rebound will start at the 1-2 hour level. Pay attention to the resistance levels around 123110-124700-126200!
If today the price retraces and breaks below the 120540 level, the market will continue to move downwards. Pay attention to the support levels around 119210-118250-117210!
Pay attention to the position of 4475 today for Ethereum. If the rebound does not stand above this position, it indicates that the rebound lacks strength. For the next decline, keep an eye on the support levels at 4438-4409-4375 (if it breaks below 4409, a daily level correction will begin).
If it stands above 4475 today, then a rebound will start at the 1-hour level. Pay attention to resistance levels around 4515-4565-4604 near this position #BTC再创新高 #十月加密市场预测 #Gate热门新币推荐 .