1: #BTC Bitcoin surged last night to around 86500 before quickly retracing; as of now, it has dropped to around 83000, a decline of 3500 points from the peak. This level is also the key support zone for 1-4 hours. If it breaks below 82800 and doesn’t stabilize, it will continue to adjust downwards.
The resistance above Bitcoin is at 84200, 85400, with key resistance at 86500. Below, the support levels are at 82800, 81200, 80500.
2: #ETH Ethereum also reacted in tandem with Bitcoin, rebounding to around 1660 before retracing, with a low of around 1550. It has dropped 110 points from its peak. The movement of Ethereum is much weaker compared to Bitcoin; at least Bitcoin is striving to break above 86500, while Ethereum hasn’t even reached 1700 yet.
The resistance above Ethereum is at 1600, 1660, with key resistance at 1700. Below, the support levels are 1550, 1500, 1470, with strong support at 1400.
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