Daily K-line Trend Analysis: Bitcoin closed yesterday with a bearish candle, forming a bearish engulfing K-line model, with trading volume surpassing the previous bullish candle. A clear retracement signal has appeared at the daily level, confirming the key top model. The current market is in a narrow range of fluctuations, and the hourly level trend is showing a spike without actionable opportunities. Bitcoin has fallen below the trend line and continues to decline after a pullback, but no clear technical pattern has formed, so no shorting opportunities can be provided. Overall, the recent market lacks effective swings, increasing operational difficulty. The current market is dull and sluggish; it is advised to patiently wait for a breakout before taking action.#比特币走势分析
ETH Ethereum 2,315 multiple technical levels overlap strong support, even if it breaks, it is likely to form a pin bar, and the hourly entity breaks the stop loss.#以太坊走势观察
Previous Review: During the live broadcast last night, many viewers held short positions at 108,300, 108,600, 108,500, etc. It is recommended to set stop loss at the previous high and hold patiently.
BTC Resistance Level: Cannot provide (the daily level midline has not formed a cooperating pattern at the hourly level, no shorting opportunity)
BTC Support Level 1: 105,300 (bullish cipher pattern 0.786 + three-wave primary upward wave 0.382 overlap, key support from the overlap of two patterns)
BTC Support Level 2: 103,000 (daily level large bullish candle midline + three-wave primary upward wave 0.618 retracement overlap)$BTC
Ethereum Support: 2,315 (two wave overlap points + wave high point, the only overlapping support level)$ETH
For more detailed point analysis, please watch today's market analysis video, which includes detailed explanations. Follow along with A Ling to study K-lines, and we will meet at the peak together! Pay attention to avoid getting lost and get the latest daily point interpretations!