Remember, you can miss the opportunity but do not operate recklessly out of impatience.
BTC is oscillating in the range of $100,700 to $112,000 on the daily chart, recently failing to break the resistance at $108,000 and retreating. The daily chart shows a potential "double top" pattern, while the 4-hour chart is in a symmetrical triangle, with support at $103,400 and resistance at $105,600. The price is below the moving averages, with the 200-day moving average providing strong support. Volatility is decreasing, and it may consolidate in the short term. A break below $103,400 will test lower support, while a breakout above $105,800 will challenge higher levels.
ETH's current price is $2,516, showing a daily divergence adjustment. Strong support is between $2,400 and $2,450, with a potential drop or test of $2,300. Short-term resistance is at $2,800, with a breakout potentially targeting $3,000. The 4-hour level has broken the oscillation channel; if it does not recover, it may drop to $1,850 - $2,270.
BTC resistance is at $105,800, support at $103,400; ETH resistance is at $2,600, with key support between $2,400 and $2,450.
Disclaimer: The content of this article is for informational purposes only and does not constitute investment advice. The cryptocurrency market is highly risky and volatile; investment decisions should be made cautiously.
