1.1 Afternoon Insights and Operation Suggestions
BTC:
The recent trend of Bitcoin has been weak, with multiple attempts to break through the daily line failing. As the monthly line is about to switch, last month's monthly line showed a declining trend. Currently, the key support level is at 90286, which is a strong support at the weekly level. If it does not break, the probability of a rebound is high. Once it breaks, it may touch lower levels such as 83479.73648. At the daily level, it needs to stabilize above 95271 for the trend to reverse. Currently in a minor level fluctuation, if the lower support at 93290 does not break, we will continue to look for a rebound. The upper rebound pressure levels are at 95275, 96276, and 97579. If the minor level breaks 93290 again, the trend will retest 915101
ETH:
Ethereum is in a wide range of fluctuations. The minor level pressure is at 3351; breaking this pressure will increase the rebound strength. The upper pressure levels are 3445, 3500, and 3550 in order. A bullish stance will wait for the daily level to stabilize at 3445 before considering. The lower hard support is at 3302; if this level does not break, we will continue to look for a rebound. If it breaks, the trend may retest, with lower support levels at 3220, 3104, and 3038
