Bitcoin fluctuated down to around 104700 after dropping near 106100, while Ethereum dropped back to around 2517 from about 2582. The daily trend shows increasing pressure with a downward movement, while the short-term trend is showing a rebound after a volume decrease at the bottom. Overall, the market is relatively slow, primarily characterized by range oscillation.
Evening personal opinion:
Bitcoin is expected to retrace to around 104500-104000, aiming for the 105700-106200 range.
Ethereum is expected to retrace to around 2508-2485, aiming for the 2545-2565 range.
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