The overall trend of the market is basically in line with our expectations. Bitcoin and Ethereum encountered key resistance at around 114000 and 4100 respectively, and began to pull back after reaching these levels. The pullback indicates a slight retracement, but it will likely break through again. The market has been reacting since the Federal Reserve's meeting on Thursday, and significant fluctuations often bring significant opportunities.
Currently, Bitcoin has broken through and stabilized at around 114000, which now serves as support. There is a trend to test the 112500 level below. The overall trend remains bullish, with resistance near the 120000 mark.
Ethereum has broken through the 4100 resistance, pulled back after hitting a high, and currently has support around 4150. The probability of holding this position is low, with stronger support likely around 4080. The subsequent market outlook is bullish, with resistance near the 4400 mark.
Today, some established altcoins have also performed well. Only a price surge can lift spirits. We continue to hold the coins we have positioned for. I would like to recommend an AI sector coin, TAO, which is currently priced around 400. It is expected to reach around 470.