Sunday afternoon Bitcoin and Ethereum market analysis and trading suggestions
Bitcoin's 4-hour level has seen a wave of highs followed by consecutive retractions to the mid-track, with a contest between the trend line and mid-track. Currently, it opened near the mid-track, and the daily line's decline increases the possibility of losing the mid-track. The daytime may still experience some fluctuations, so pay attention to the strength and weakness conversion during the day. We continue to adopt a strategy of selling high and buying low, focusing on the support level around 107000.
Ethereum has been hovering around 2500 recently on the daily line, making it difficult to achieve significant breakthroughs. Focus on the resistance level around 2700.
For Bitcoin around 107500, you can buy with a target of 110000; aggressive traders may enter with a small amount in advance.
For Ethereum around 2480, you can buy with a target of 2650.
