Early Morning Insights

Bitcoin

Last night, Bitcoin broke through the resistance at 94,600 and started to rally. Today, after a day of correction, Bitcoin finally broke through the four-hour level resistance. It has begun to make a four-hour level rebound and has already surpassed the second resistance level. The rebound strength is quite significant, with the next resistance level around 99,451. If the daily line can break through this resistance, Bitcoin has a chance for a second high, but if it cannot break through, there will still be a pullback at smaller levels. During the night, pay attention to the small-level support at 96,500 and 95,000. If these two positions are not broken, continue to look for a four-hour level rebound. If the four-hour close falls below 95,000, this rebound will be considered over.

Ethereum

Ethereum has currently broken through the first resistance level, with the next resistance level around 3,555 and 3,610. If the daily line can reach 3,610 and hold it tomorrow, this wave of Ethereum has a chance for a second high. During the night, pay attention to the support at the bottom: 3,435 and 3,380. If these two positions are not broken, continue to look for a rebound. If the four-hour level close falls below 3,380, this wave of rebound will be considered over.