Analysis of Technical Points 519:

BTC:

After breaking the recent high point of 105800 in the morning, Bitcoin quickly surged to 107100, then rapidly retraced, currently quoted around 103200.

It has dropped to the low point area of the previous evening's spike, which is the position of the rebound starting point, and also the area of concentrated trading during the previous high volatility,

The area of 102800-103200 is the overlapping zone of liquidation support, therefore, relying on this support, we expect a rebound throughout the day. The strong resistance above is concentrated at the previous high of 105800-106200,

This is the previous high point and also the point where acceleration occurred after the morning breakout. Falling below this level formed an important top-bottom conversion.

Bitcoin recommendation: Bullish near 103000-102800, target at 104500-105300, a breakout could see 105800-106200;

Ether tested the 2500 line and quickly retraced, failing to break the high point of the previous evening. Overall, Ether is performing weakly with low liquidity,

Pay attention to the support at the 2370-2370 line below, and the pressure at 2480-2500 above;

Ether recommendation: Bullish near 2370-2360, target at 2480-2500;