Today's market insights:
After $BTC failed to hit the previous high of 66450 last night, it immediately entered the correction phase. Today's focus is on the 65850 level. If this point remains intact in the small level, the upward trend is expected to continue, and the upper target area is focused on the 66450 to 66958 area.
On the contrary, if 65850 is lost, a small-level correction will start. At this time, it is necessary to pay attention to the lower support area, which is about 65500 to 64960. It is worth noting that as long as 65500 on the 4-hour chart is not lost, the bulls are still dominant, and the upward trend may resume after a short correction.#BTCtrend analysis
After the rebound of $ETH last night, it encountered resistance at a high level, and signs of a small-level correction appeared. Today's key support is set at 2684. If this line is not broken, the upward channel will remain unobstructed, and the upper target and pressure range are expected to be around 2703, 2726 to 2748.
If it unfortunately falls below 2684, a small-level pullback mode will be activated, and the support area below needs to be closely monitored, which is approximately between 2666 and 2640. However, as long as 2666 on the 4-hour chart holds its position, the bulls still have the upper hand, and after a small pullback, the rebound may continue. #ETHTrendInterpretation
