‼July 29 ‼

BTC Market Analysis + Today's Crypto News
1. US stock market trends:
--Last night, the US stock market continued to fluctuate slightly and rise, not breaking below the daily trend line, and a small increase can easily lead to a big bullish candle.
2. #BTC trend:
--Yesterday, there was no effective breakthrough and stabilization near the resistance area of 119541. The 12-hour trend line remains under heavy pressure. Today, we still focus on this; it cannot break below 114892. If it rises again, do not expect a significant increase, as adjustments will be needed near the previous high of 124000.
3. #ETH Trend:
--New high again, 3941, important resistance is around 4000-4100. Previously, there was significant resistance from a triple top on the weekly chart. Pay attention to the daily trend line; as long as it does not break down, remain bullish, but the movement range is limited.
4. The current key support level for #BTC is:
Current core interval reference:
• Upper resistance: Resistance level around 120637, support level around 116500. Still paying attention to the repair of the 12-hour trend line, be cautious with long positions, and do not heavily invest in speculation. Wait for an entry point for short positions.