Recently, we have continuously highlighted Bitcoin #BTC 107000 key level, warning that a drop below may trigger a significant pullback or even a deep adjustment. The weekend trend confirmed an effective breakdown; if there is no strong rally (new high) in the short term, the market may enter a prolonged period of stagnation.
Short-term market is oversold, and may face repeated fluctuations. Attention should be paid to the strength of the rebound, with Bitcoin $BTC facing resistance at 102500 and support at 96500. Ethereum #ETH is performing even weaker, with the 2400-2700 fluctuation zone being breached, increasing downward pressure, critical support at 2100, and resistance at 2300.
Precise analysis, steady operation! If you want to keep up with the rhythm, leave a comment in the comment section!
