Waking up, Bitcoin has broken through 108,000, approaching the 109,000 pressure point and starting to pull back slightly. After last night's low, it has risen over 2,000 points. The number #BTC called for buying near 105,000 early yesterday morning, and now it has reached 109,000. The rebound is relatively stable, slowly climbing. Currently, if Bitcoin rises another 1,000 points, it will be close to a major resistance level. Bulls should be cautious of a pullback. Although the current pattern looks strong and seems likely to rise, further gains are not very favorable; there isn't a large enough volume to support a significant increase. It’s more of a grinding, topping market.

Bitcoin should focus on the upper pressure levels of 109,200, 109,900, 110,300, 110,700, 111,300, and 112,000; lower support levels are at 108,000, 107,200, and 106,500.

Ethereum's high also reached near the pressure level of 2,680, which is another resistance point that has not been directly breached. It has begun to experience a slight pullback grind. This wave of Ethereum's rebound may have a chance to challenge the 2,750 area. Once it reaches above 2,700, everyone should pay attention to potential pullbacks. Personally, I think it will be quite difficult for Ethereum to break through the previous high of 2,880 this week, as long as Bitcoin does not break its historical high, Ethereum will also struggle to rise. Before breaking through 2,700, Ethereum can still look to build long positions as long as it does not fall below 2,600. If it breaks through that level, then stop building positions.

Ethereum's upper pressure levels are 2,680, 2,730, 2,780, and 2,850.

Ethereum's lower support levels are 2,650, 2,600, 2,550, and 2,500.

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