$BTC $ETH Bearish dominance, where are the long opportunities?
On Thursday, BTC surged to 110,000 before starting a stepwise decline, reaching a low of 106,830; ETH similarly faced pressure, touching a low of 2,718.
The current market shows clear weakness, with bears in control, continuous selling pressure, and feeble rebounds. Technical repairs have instead become a springboard for further declines.
Operational advice:
BTC can be bought at the support level of 106,000, targeting 108,500;
ETH can be positioned for long near 2,700, looking at 2,780.