Bitcoin and Ethereum Market Trends and Trading Suggestions
After a morning surge, Bitcoin entered a phase of adjustment, with an intraday high touching 104300 before pulling back.
The bullish trend remains strong, with the key support level initially at 101900; if this is broken, watch for 100600 and the round numbers.
In terms of trading, it is suggested to go long in the range of 102200-102400, aiming for a target of 103000-103500.
Ethereum shows even stronger performance, independently rising to a high of 2244.
Currently, the upward momentum has not peaked; if it fails to break through today, next Monday could become a key point.
It is recommended to go long at the 2200 price level, with target levels of 2230-2260.
Note that the positive effects of the fundamentals are gradually fading, and the crypto market will return to a normalized trend dominated by supply, demand, and technical factors.