$BTC Brothers, good evening to everyone! Is there anyone else holding against the market like me? Right now, there was a sharp drop, and immediately a strong rebound occurred. I barely managed to close my short position in time. Now Bitcoin is experiencing a rebound on the 1-hour level! The resistance level for the rebound is 106000, which is also the position for the battle between bulls and bears. If it stabilizes after the rebound, then the bullish trend remains intact! At least, we cannot close below 106000 on the 4-hour level. Then the market could still aim around 107000 and 108500! Those who are short should pay attention to enter around these two price levels. If the 1-hour rebound fails to break 106000, then the market will continue adjusting, and those who are short may also pay attention to enter here. The support level below is 104500! If this position breaks, continue waiting for long positions at 103600 and 102600.
ETH Ethereum is also experiencing a rebound on the 1-hour level, with the resistance level for the rebound at 2570! If it can continue breaking, the next resistance levels are at 2600 and 2640. Short positions must be cautious! If it fails to break 2570, then the market will need to continue adjusting, with support levels below at 2530, 2485, and around 2430. Long positions should wait to enter!