Bitcoin (BTC) Market Interpretation:

Yesterday's candlestick showed a bullish pattern with a long upper shadow, indicating that the market faced some selling pressure after the rally. Observing the four-hour technical chart, the $110,000 mark has once again formed an effective resistance level.

Current key positions to focus on: Short-term support range: $106,000-$107,000. Secondary defense level: $104,000 (the buffer zone if $106,000 is breached).

Medium-term important support zone: $92,000-$96,000 range.

Intraday trend prediction: A technical pullback is expected; if the price effectively breaks below the $106,000 support, it may test the $104,000 defense level downwards. Pay attention to the psychological support effect of the $100,000 round number.

Ethereum (ETH) Market Analysis:

Yesterday saw a significant rebound, mainly due to the previous technical correction during Bitcoin's rebound.

However, note that: The daily level still maintains a range-bound oscillation pattern, and the current breakthrough above $2,800 lacks sustainability, with the daily closing price not significantly surpassing previous liquidation reference levels.

Key technical level reminders:

Four-hour support zone: $2,600-$2,630 range

Target area after breaking: $2,200-$2,300 range

Operational advice: It is not advisable to chase the rise currently; it is recommended to remain on the sidelines. If the $2,630 support is broken, it may open up new pullback space.#纳斯达克加密ETF扩容