6.3 Morning Bitcoin Ethereum Market Analysis!
On the daily chart, Bitcoin has once again stood above the EMA 15-day moving average support, showing strong short-term rebound momentum. The key resistance above is around 107,000, which is an important resistance zone of the downtrend line. If the daily can stabilize above this level, it may lead to a larger-scale rebound. The key support below is 104,000; as long as it does not break below this level, there will be no deep correction in the short term.
Ethereum's rebound strength is relatively stronger, testing near 2,480 multiple times without breaking, forming a strong support at the short-term bottom. Currently, the short-term trend is expected to return to an upward trend, with a minor resistance area to watch around 2,680.