$BTC In the morning, we provided a short-term support level at 103000 for buying on dips. The lowest point for Bitcoin stopped at the 103400 line. So far, the rebound strength is not very strong, basically maintaining a small range of oscillation and consolidation. The technical structure has not changed significantly. Watching the price move up and down, there isn't much room for fluctuation, and there haven't been any large ups and downs. However, I have previously mentioned that the more stable it is, the easier it is to trade because the form and structure are present. As long as you don't chase, trading around the high and low points of oscillation can yield good results. The daily chart still shows no change and remains in a bullish structure, but currently, the momentum is lacking, entering an adjustment phase. There are no significant news impacts, and with insufficient liquidity, we expect a process of low points moving up and oscillating in the short term. For pullbacks, look for opportunities to go long.
On Wednesday afternoon, Bitcoin continued to rely on the support level of 103000 for buying on dips. Focus on the 104000-104500 area above; if the rebound faces resistance, short positions can be taken to continue looking for adjustments.
Regarding Ethereum, it has been showing strong performance recently, with highs being broken repeatedly. In this strong rhythm, there is no need to hesitate; just follow the trend. Look for buying opportunities on pullbacks, with the focus still on the 2800 line above!