$BTC Midday Alert: Entering south near 106700, our stop-loss point has also been hit, dropping 482 points. Currently, the price is further rallying towards the resistance at the 107700 level. On the four-hour chart, the price has formed a V rebound, breaking through the middle track resistance. The current market situation is in a dense selling area above, so we maintain a wait-and-see approach. If the price can break the previous resistance at 107700, it will attempt to reach the next resistance levels of 108300-108800. Currently, the ongoing high-level game shows limited upward space in the MACD energy bars indicator on the hourly chart.

Bitcoin: Around 107700-108300 heading south, watch around 106300-105500.

Ether: Around 2450-2480 heading south, watch around 2380.