Today's Highlights Interpretation
The BTC market is in a consolidation phase on the four-hour level, but the resistance is still strong around the 106-107 zone. The intraday resistance point can also be placed in this position range. The small support level on the downside can be monitored around the 104,000 support level. If this support is broken intraday, we can directly focus on the support defense around the 101-102,000 range. The small support level still needs to be monitored. Overall, we need to pay attention to the 100,000 mark; as long as this position is broken, the subsequent market will easily achieve its target.
The ETH market is experiencing a consolidation and pullback on the four-hour level. According to the current trend, we need to focus on the upper resistance around the 2600-2660 range. Since the price fluctuations of ETH are slightly larger, we need to pay close attention to the subsequent trend. Currently, the small range box has not been directly broken. The intraday support level is still in the 2480-2520 range; if broken, we can directly focus on the 2320-2360 range. The daily support level is around 2260, so based on the current trend, once this range is broken, the subsequent market will quickly reach the target range.