$BTC Bitcoin and Ethereum Today's Market Analysis

Bitcoin has risen to around 110,000, and the bullish trend is starting to weaken, with pressure concentrated around 110,300. This position remains quite strong, so everyone should avoid blindly chasing highs for now; those who prefer to go long should wait for a pullback in Bitcoin. To lift Bitcoin at 110,000, a significant amount of capital is required, while it only takes a second to drop!

Ethereum's monster has emerged; while Bitcoin remains stagnant, Ethereum is soaring. Those who bought Ethereum at 1300 have already doubled their investment. Everyone is criticizing Ethereum as the worst, yet this recent surge has left you feeling overwhelmed! Ethereum is just like that; it's quite volatile and not as steady as Bitcoin. When Ethereum drops, it doesn't rebound; now that it's rising, it also doesn't pull back. If you lost in this wave, consider it a learning experience; in the next wave, you'll have gained experience. Given the current trend of Ethereum, do not go against the trend and short it. At the moment, many retail investors are shorting Bitcoin and Ethereum, making it difficult for prices to drop. The upper pressure for Ethereum is still seen around 2820 to 2850. After Ethereum broke through the previous volatility range, there was a huge surge; now it has also broken through the volatility range. Will it be the same as last time?