$BTC Today's Morning Analysis

Last night, the Bitcoin market once again refreshed its high position, reaching a peak of 108366 before experiencing a sharp drop. After the pullback, the price of the coin rebounded once more. This kind of tug-of-war between bulls and bears can easily lead to being cut like leeks.

With the sideways fluctuations in the afternoon yesterday, Ethereum should also experience a downward trend in the evening. The lowest point touched 3844 in the early morning. Our long position arranged at midnight yesterday also exited perfectly, proving our strength without the need for further words.

From the current market perspective, after breaking the new high yesterday, Bitcoin has once again adjusted downwards. Currently, the trend has tested the bottom multiple times without showing signs of breaking below support. In the short term, the downward trend is gradually reducing its space, while the upward movement appears slightly weak. On the daily level, the trend remains steadily above the three-day moving average.

After the evening pullback touched this line, it quickly rebounded, showing strong support.

Morning Operation Suggestions

In the morning, Bitcoin is suggested to go long directly around the pullback of 105500-105000, targeting 107500.

Ethereum is suggested to go long directly around 3880-3860, targeting 4000