Bitcoin, Ethereum, Market Analysis Today

1: Bitcoin's market cap rose above 100,000 last Friday, reaching a high point over the weekend without dropping below 102,000. The trend is leaning towards high-level fluctuations, with lower points still rising. Yesterday, it peaked at 105,000 before retracing to a low of 103,500 and then starting to rebound. This morning, it briefly touched around 105,200 before pulling back again, currently retracing to the lower range of 103,600. Bitcoin's overall trend remains bullish, with high-level fluctuations indicating an upward trend. The operation suggestion is to focus on lower points.

Resistance above Bitcoin is at 105,200 and minor resistance at 104,700. Support below is at 103,200, 102,800, and 102,200.

2: Ethereum surged to the critical resistance near 2,490 last Friday and began to retrace, hitting a low of 2,270 before rebounding. It retraced 220 points from the high but initially rose from 2,030, gaining over 400 points in one day. The 220-point retracement is still within the contract range. Over the weekend, Ethereum experienced a supplementary rise, breaking through the key resistance near 2,530, peaking around 2,610 before starting to pull back. Yesterday, it retraced to around 2,430 before rebounding, and as of now, it has rebounded to around 2,550 before starting a slight pullback.

Ethereum's overall trend is slightly stronger than Bitcoin's. The operation suggestion is still to focus on lower points. Investors should be cautious; lower points can be monitored for gradual accumulation near support levels. If it breaks through key support, decisively cut losses, and for higher rebounds, take profits gradually near resistance.

Resistance above Ethereum is at 2,550 and 2,610, with support below at 2,430, 2,360, 2,310, and key support at 2,270.

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