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#SOL 6.28 Bitcoin Ethereum market analysis on the 28th: BTC, ETH today's highlights
Market Review Analysis
Yesterday, BTC rebounded slightly, but did not reach the expected value. In the evening, SOL had fundamental positive news, with the possibility of applying for an ETF, which mildly boosted market sentiment. However, the upward momentum of BTC on the 4-hour and daily charts is still suppressed, with consecutive long upper shadows and significant resistance above. The probability of a short-term breakthrough is not high. It is expected to continue to consolidate within the day. ETH rose slightly yesterday, with a chance of ETF trading starting in early July. The market is optimistic about the estimated development after the trading starts, and there is still speculation expectation in the short term. Pay attention to the fallback after the favorable information is exhausted, and be cautious. Altcoin zones follow the mainstream and rise synchronously, with most currencies experiencing a mild rebound. Intraday trading opportunities can be sought.
Today's highlights
BTC: The 1-hour and 4-hour time frames have returned to normal levels, but the daily time frame is below the healthy level. The macro environment is still affecting the market, which is sluggish. The fundamental negative information is still present. It is recommended to observe the market. The resistance levels for today are 62500-63000, and the support levels are 60000-60500. There is a higher probability of sideways consolidation today, and it is recommended to observe the market. If there is a pullback to 60500, it can be followed with caution.
ETH: The hourly and 4-hour average levels have returned to normal, and the daily level has also returned to normal. The favorable expectation has a mild recovery. The upper resistance for the day is 3450-3500, and the lower support for the day is 3300-3350. The probability of sideways consolidation is higher today. A mild follow-up is possible if it pulls back to 3350.