Yesterday, BTC surged strongly to around 109000, giving bulls a brief glimmer of hope. In our morning review, we predicted that the next two days would follow a 'bounce - decline' rhythm.

However, the market did not follow the script completely — after a daytime rebound, it did not directly fall back in the evening, but continued to rise until it crashed in the early hours, dipping to around 2520.

ETH was similar, briefly breaking through the resistance at 2660 to 2680 before quickly falling back. $BTC $ETH