thanks

Currently, from the daily chart perspective, Bitcoin has strongly rebounded to around 107000 after briefly breaking 100000. The market is starting to consolidate at a high level, with current short-term resistance at 107000-109000 and short-term support at 106000-105000. Ethereum has also rebounded above 2400 after probing down to around 2100. Current resistance is at 2480-2500, and support is at 2380-2350;

From the 4-hour perspective, Bitcoin has broken through the resistance level of 106000-107000, and based on the top-bottom conversion, it can be temporarily viewed as support. The current upper resistance is at 108500-109000. Ethereum's performance is relatively weak, having broken through the resistance of 2350-2400, and can currently be viewed as short-term support, with resistance at 2480-2500;

Currently, after a deep probing at the bottom, the market has strongly rebounded, testing support effectively. The upward high is consolidating instead of falling, and the long positions set up yesterday have successfully taken profit. It is recommended to continue going long!

Operation strategy:

Long Bitcoin at the current price of 106500-107000, target 108000-109000, stop loss below 105500;

Long Ethereum at the current price of 2420-2430, target 2480-2520, stop loss below 2380;
$BTC

$ETH