$BTC

Don't rush to short

If it cannot stabilize above 108500 tonight, a 1-hour level decline may occur

Key focus on whether it can continue to surge tonight; if it breaks below 107500, it is likely to pull back to around 1060000

Key observation points

Time node: If it still cannot rise above 109000 by tomorrow morning, it is inclined to build a range before rising again

Ethereum trend analysis

Current situation: A 1-hour level rebound is in progress, but the strength is relatively weak

Two possibilities

Strong rebound: Continue to surge above 2500

If it fails to break through 2500 tonight or tomorrow morning, it may pull back to the 2350-2400 range, building a 1-hour level range before breaking upward to 2800

Trend judgment

Long-term bullish: Short-term weakness does not affect the overall bullish trend

Overall, although there are uncertainties in the short-term trend, the long-term trend of Bitcoin remains upward.

It is recommended to focus on the breakout of key levels to judge the direction of subsequent trends.

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