Daily K-line Trend Analysis: Bitcoin formed a bullish candle yesterday, but combined with other indicators, it does not fully meet the technical requirements of a 'Bullish Engulfing' pattern. Currently, there are clear adjustment signals, and we are at a critical juncture for direction choice, where it could either form an M-top or develop into a triangle consolidation. Today's trading suggestion is primarily range trading. Overall, the short-term market direction is unclear, and patiently waiting for a breakout confirmation is a wise strategy. ETH is currently expected to pull back to the 2400-2540 area, and may eventually dip to 1900-2000 to complete the Wyckoff Accumulation Phase C. It is suggested to consider buying spot in this area in preparation for a potential rise in the second half of the year. Review of yesterday: The resistance level of 103700 we provided was perfectly validated, with prices retreating nearly 1000 points at that position; additionally, our predicted bearish Gartley pattern was effective at the 104900 position, triggering a drop of about 1500 points.#比特币走势分析
Resistance Level 1: 107200 (Bearish Butterfly 1.272 Target + Latest Harmonic Pattern Resistance)
Resistance Level 2: 105250 (Bearish Bat 0.886 Position + Bearish Shark Overlap Area)
Support Level 1: 101100 (Bullish Bat 0.886 Position + 1.13 Liquidity Acquisition Area)
Support Level 2: 99500 (Main Trendline Support + 0.5 and 0.618 Fibonacci Retracement Overlap Area)
Support Level 3: 97900 (Second Bounce Point of Trendline + 0.618 Reversal Position)$BTC
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