Waking up, Bitcoin has broken a new high, surpassing the $110,000 mark. All trading platforms are promoting Bitcoin's historical new high, which will attract many newcomers to the market. Congratulations to partners who have held Bitcoin long-term, as assets continue to appreciate.
Last night, it retraced to around 106,000, then pulled back up to around 112,000, gaining nearly 6,000 points. I fell asleep last night and missed the opportunity, waking up to see it rebounded to around 109,000, missing the best entry point.
Last night, it started to retrace around 2610, hitting a low at the critical level of 2450 before starting to rebound. The rebound reached around 2510 but struggled to go higher. It wasn't until around 6 AM that it began to break through. In the live stream, we called out to buy around 2515, and those in the live stream should have taken profits near 2580-2600. Currently, Ethereum still has the potential for a rebound; as long as it doesn’t fall below 2600, we can continue to look for upward movement.
Resistance for the second tier is at 2650, 2680, 2730, with support below at 2600, 2550, 2520, and critical support at 2450.