Good morning everyone, Bitcoin, Ethereum, today's market analysis is here

1: The major Bitcoin (大饼) yesterday retraced to 104500 and did not drop further, forming a low point and starting to rebound. It has rebounded to around 106000 but did not push higher. Currently, it is consolidating in the range of 104500-106500, with key resistance at 106500. It cannot rise much unless it breaks through this level completely. However, looking at the 4-hour and daily charts, the upward trend is still present, just facing key resistance without a volume breakout. If it breaks 106500 and stabilizes, we can look towards around 107200 before aiming for around 108000.

Resistance above Bitcoin: 106500, 107300, 108000

Support below Bitcoin: 105500, 105000, 104500, 103800

2: The secondary Bitcoin (二饼) last night pulled slightly higher than Bitcoin, hitting the resistance at 2480 before starting to retrace. It reached a low at 2416 before rebounding. So far, it has hit a high of 2456 and is now retracing. Ethereum is also oscillating in the range of 2400-2480. To rise, it must break through 2510. The overall trend of Ethereum is still linked to Bitcoin. It doesn't have a particularly strong move on its own; only if Bitcoin breaks through can Ethereum surpass 2500.

Resistance above secondary Bitcoin: 2480, 2520

Support below secondary Bitcoin: 2430, 2400

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