Early morning market analysis:
In the afternoon market analysis, we said that the 4-hour level of Bitcoin is rebounding as long as it does not fall below 61150. At 6 pm, the 1-hour level just inserted 61150 and began to rebound. This is the most perfect point given recently, and the point is accurately reached!
In the early morning, Bitcoin continues to pay attention to the position of 61150. It has just inserted it again. If it falls below this position in the early morning, then the rebound of the 4-hour level in the past two days will end and the market will turn bearish. If it continues to fall, pay attention to the support level below 60250-59250-58200!
If it breaks through the position of 61150 in the early morning, but the 4-hour level closes above this position, it cannot be regarded as the end of the rebound. The 4-hour level will continue to fluctuate sideways. If it rises, pay attention to the upper target/pressure level near 62440-63300-64000!
Ethereum has fallen below 3375 at night. The 4-hour rebound has ended and the market has turned bearish. If it continues to fall, the support level below should be around 3335-3284-3213!
If the closing price stands above 3385 in the early morning, then this small-level correction is over. If it rises, the upper target/pressure level should be around 3428-3480! $BTC $ETH