Low-level lurking, main force silently accumulating positions, the main upward wave may be just around the corner!
Operation review:
Yesterday, contract orders were placed for long positions BTC 110300 ETH 3965, both currently in a floating profit stage, overall rhythm meets expectations, positions continue to be observed!
BTC market analysis
Currently, BTC is in a downward oscillation consolidation phase, with a continuous tug-of-war between bulls and bears.
Pay close attention to the upper pressure level of 113500, which is a key breakthrough point for a short-term trend reversal.
If there is a subsequent volume breakout and stabilization, the market is expected to accelerate the counterattack, with the upward target directly aimed at the 116000 range.
Support level below is focused on 110000, which is the defensive bottom line of the oscillation structure.
If the short-term pullback can still stabilize, there is a possibility of forming a "second upward surge";
Conversely, if it breaks down and stabilizes below, the price will continue to test the strong support area of 107000, and the market will enter a deeper bottom-building phase.
ETH market analysis
ETH is also continuing a weak consolidation pattern, lacking signals for a volume breakout in the short term.
Upper pressure level focuses on 4050, if there is a volume breakout and stabilization, the short-term trend will welcome recovery, with targets looking at the 4220-4290 range.
Support below focuses on 3890, once it breaks down and stabilizes below, the market will continue to adjust, or test down to around 3700. #美SEC推动加密创新监管 #鲍威尔发言

