Technical Analysis: BTC (Bitcoin)

Daily Level: Yesterday, Bitcoin rose sharply and then fell back, forming a small bullish candle with a long upper shadow. It saw a significant rise in the early hours followed by a slight pullback. Overall, the trend remains within an upward channel, but a short-term adjustment is still needed, and the adjustment space is expected to be limited.

4-Hour Level: Last night, there were multiple high rebounds and falls, with the candlesticks showing long upper shadow bearish candles, indicating a small-scale pullback trend.

Currently, the support level is at 104500. If this level holds, the market may stabilize and continue to rise.

Trading Suggestions: Lower Support: Pay attention to the support range of 104500-103500, if it stabilizes, bullish sentiment can be considered.

Upper Resistance: First, pay attention to 106500. If this level is broken, further targets can be 108500-109500.

ETH (Ethereum)

Daily Level: Yesterday, it closed with a small bearish candle with a long upper shadow. Today, the market is adjusting, currently stabilizing near last week's low of around 3850.

4-Hour Level: Last week's low was at 3825. If this support is broken, it may drop to the 3700-3650 area.

Trading Suggestions: Lower Support: Pay attention to the support at 3850. If broken, consider buying in the 3700-3650 range.

Upper Resistance: First, pay attention to the 4000 level. After breaking this position, bullish sentiment can continue.

I am Long Bearish. If you are currently unsure how to position yourself, feel free to reach out to me for discussion!