2024.8.13. Early morning 🕛
Bitcoin:
Currently, both the daily and small levels are rebounding, and the key point in the early morning is 59880. If the 4-hour closing line in the early morning is stable above 59880, the market will continue to rise, and the upper pressure level is between 60690-61660-62700. If it cannot stand at 59880, it is necessary to pay attention to the support of 58850. If it stabilizes at 58850, the rebound trend is still there. If it falls below, the rebound fails and the market may turn bearish. The support below is 58110-57620-56950.
Ethereum:
Ethereum rebounded in 4 hours, and the small level started to rise. It has returned to the top of the daily sideways zone at 2723. If it continues to rise at night, the pressure levels will be 2685-2723-2767. Only if it breaks through 2723, there will be further upward space. If it fails to break through, it may fall back. When it falls back, pay attention to the support of 2625 and 2588. If it does not fall below, a rebound can be expected. If it falls below 2588, it may pull back. The support below is 2553-2530-2505.