The pancake did not break 97800 at night, and the highest rebound point just reached the 4-hour trend line at 99900. From a structural perspective, closing here is below the left high, forming a high 2, which is a stage top at the 4-hour level. Only by stabilizing above 99000 will it continue to rise. The upper resistance levels are around 99900, 101000, and 102500, while the lower support levels are around 98300, 97600, 96700, and 93000. If it pulls back to the edge of the channel and the close does not break the level, it will move up to point C; if it breaks, we will continue to look down. $BTC

On the daily level, the upper resistance levels are 101500 and 102800. If it cannot stabilize above 99000 on the 4-hour level, we do not rule out a daily spike upwards. Manage your positions well. The lower support levels are around 97800, 96600, 94800 (key support), and 92500.

$ETH The close at 12 o'clock broke the level at 3465. If it does not break the two positions of 3465 and 3497, it will continue to fall.