Today's key node analysis for the Bitcoin market: In the morning session, after the Bitcoin price broke through the first support level, it began to rebound. The important dividing line for the current market is the 108500 level, which will become the core battleground for both bulls and bears.
If the closing price of the 1-2 hour candlestick can effectively stabilize above 108500, then the short-term bullish strength is expected to be further released, initiating a rebound market. At that time, it is essential to pay close attention to the three key resistance levels at 109500, 110900, and 112000, as the price may face resistance and pullback upon reaching these levels.
If the 1-2 hour candlestick closing price cannot stay above 108500, it indicates that the current rebound momentum is insufficient, and bears may regain control of the market, with a high probability that the price will continue to decline. Key support levels to watch below are 107500, 106800, and 106000, which may provide temporary support during the price decline.
Summary: 108500 serves as the dividing line for bulls and bears within the day, and its gain or loss will directly determine the short-term directional trend of Bitcoin. Please focus on the closing situation of the 1-2 hour candlestick; if it stabilizes at this level, seize the rebound opportunity; otherwise, be alert to downside risks, while flexibly adjusting trading strategies in conjunction with key support and resistance levels.$ETH #以太坊走势 
