0103: Last night, before and after the opening of the US stock market, a pullback occurred around 97500, briefly reaching around 96000. For those trading, Bitcoin moved 1000 points easily, and Ethereum moved 40 points without much difficulty. In the early morning, the hourly chart showed a double top and then softened, currently hovering around 97200. Lao Song mentioned yesterday that 97500-99500 is a strong resistance zone, and it's difficult for it to break through all at once. Similarly, Ethereum's resistance zone of 3490-3550 is the same; it reached that level yesterday and then retraced. The Nasdaq closed with a doji yesterday, and the price action was quite convoluted, with a spike followed by a drop, then a rebound to wash out positions. The Nasdaq's daily chart shows a double top, and it’s important to monitor whether it will form a top box or confirm the neckline with a further pullback. Overall, breaking the resistance zone is challenging. For intraday trading, consider shorting at high levels:

98000-98500 short 95300 break look at 93500

3480-3510 short 3420 break look at 3380