‼July 24 ‼

BTC Market Analysis + Today's Crypto News
1. U.S. stock market trends:
--Last night, the US stock market remained strong, not breaking below the daily trend line, which temporarily alleviates the impact on BTC. Recently, we should still pay attention to the daily trend line of the US stock market not weakening.
2. #BTC Virtual Asset:
--Minor fluctuations and adjustments: Pay attention to the 12-hour trend line that has not been breached. The small cycle is currently in wave 2 of wave 5 at the 4-hour level, with wave 2 of wave 5 undergoing a C segment adjustment at the 1-hour level. As long as the closing price does not fall below the 12-hour trend line, it is expected to challenge the high point near 123000 again, and the viewpoint remains unchanged for the time being.
3. #Hot ETH:
--Yesterday reached the target point, today focus on the 1-hour level rebound, with strong support at the end of section C at 3478 on the 1-hour level, after some consolidation a rebound will start, with the rebound height around 3600-3650.
4. The current key support level for #BTC is:
• 116128 must not be broken, support level, if it doesn't break, we continue to look bullish; if it weakly breaks, we will stop loss on our long position and not take action, waiting for market performance, then we will see the bull-bear conversion.
Current core range reference:
• 4 hours, support near 116128 below, weakly breaking does not meet the expectation of attacking 123000.
• Upper pressure: around 123000 remains unchanged, update promptly if market conditions change

Pay attention to whether the 12-hour trend line receives effective support as a pivot point for the bullish-bearish transition.