As the bottom of Bitcoin ($BTC ) continues to rise, the previous resistance level of $68,400 has turned into a support level. The current resistance level has risen to the $69,000 mark. After the opening of the U.S. stock market today, BTC tried to hit $69,000 but failed and fell back. It currently needs to accumulate strength to prepare for the next breakthrough.

Ethereum ($ETH ) is still weak. From the 4-hour line, it may test whether the support level near $2,620 is solid, while the pressure level is at $2,700. The overall trend is still weak. Even if the BTC price rises to around $71,000, ETH can only see around $2,890.

For WIF, we have made several transactions recently to reduce costs. We finally recommended to cover positions near $2.5, and the lowest price of WIF did reach $2.44. Covering positions at a relatively low point helps reduce our holding costs.

At present, $WIF needs to stand firm at around $2.71 to achieve a breakthrough, and the support level is around $2.48. The position of lightening in this round of rebound is around $2.89. Although the daily chart of WIF currently shows a dead cross, it has shown a turning upward trend.