BTC

Last night, the CPI data met expectations, and it was also mentioned that there will be no interest rate cuts this month, with a rate cut expected in September. Therefore, July and August present us with good opportunities for low buying. In fact, from today's market, we can see that funds are flowing out of Bitcoin and back into Ethereum. In the past two days, we have noticed that the activity for increasing holdings in Ethereum is higher than that of Bitcoin. Bitcoin will maintain volatility during the day; after all, it did surge quite strongly in the early stages. Currently, it is fluctuating around the range of 116300 to 118300. As long as it breaks through 118300, it will still aim to test the previous high. Right now, the adjustment is occurring in the one-hour and four-hour cycles.

ETH
This week's analysis mentioned that any pullback is an opportunity. Ethereum has opened a rally for a rebound this time. From the overall direction of this round, it still hasn't reached the target, but at the current position, we need to pay attention to the four-hour level because 3150 is a very important resistance level. Once the 3150 position is broken, it will move around 3500. However, at this position, we need to observe whether a high-level divergence will form on the four-hour chart, which could lead to a pullback in the market. It could either continue with a strong bullish move or oscillate around the 3056 to 3150 range, with support at 3060-3010 and resistance at 3150-3300 #Gate 2025 Q2报告出炉# .