Good morning everyone, today's morning market interpretation is here. After waking up, Bitcoin is still at this position. The strategies issued yesterday have been strictly executed, and everyone has made some profit. Today's market should be a bit better than yesterday.

1:#BTC Bitcoin yesterday bounced back after hitting around 103800 from the high point near 105000. It dropped about 1200 points from the high point. If we consider the trading range, there is still some profit. Currently, Bitcoin has rebounded to around 104600. In fact, the overall position of Bitcoin is not much different from yesterday. The high point has not changed, and the low point has not changed. The range is still between 103300-105300, consolidating without direction. Yesterday, the U.S. stock market was closed, and today is the most critical day of the week. If no direction is established today, the U.S. stock market will be closed again over the weekend, and there won't be significant changes this week. Therefore, today's trend will basically determine this week's high and low points. However, I personally don’t see the possibility of breaking through the high point of 109000 this week unless there are special circumstances. But there is still an opportunity to go again to 107000-108000. Whether it can stabilize after that is still a question mark.

Bitcoin resistance above: 104800, 105300, 105500

Bitcoin support below: 104000, 103800, 103000

Trading suggestion: Bitcoin can be bought in batches in the range of 104200-103500. Today there is a chance to challenge the resistance at 105500, if it breaks through, look for 106000-106500.

2:#ETH Ethereum yesterday also retraced from the high point near 2540 to the lowest point near 2480 before starting to rebound. It rebounded to around 2530 before starting to slightly retrace and consolidate. Ethereum is basically consolidating in the range of 2450-2550. The positions called yesterday were at 2498-2478, and those who executed strictly have at least made money. Currently, Ethereum is basically following Bitcoin's trend, lacking its own market. When it does have its own trend, it is relatively stronger for a short period, but it will soon weaken again.

Ethereum resistance above: 2530, 2550, 2580, 2620

Ethereum support below: 2500, 2480, 2450, 2400

Trading suggestion: In the retracement range of 2480-2400, it is possible to buy in batches. If it thoroughly breaks below 2400, do not hold long positions. For rebounds, continue to look at 2550-2600.

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