$BTC 7.7 Monday afternoon Bitcoin Ethereum latest market analysis and trading suggestions:

The violent fluctuations of the market are like the roar of cannon fire on the battlefield. Some are intimidated and flee, while others can identify the enemy's weaknesses amidst the smoke. Looking back at the morning, the Bitcoin market showed a fluctuating pattern within a range on Monday morning, with Bitcoin rising from a low of 108622 to a high of 109667 before facing resistance and falling back to around 108600. Ethereum moved in sync with Bitcoin, fluctuating between a low of 2550 and a high of 2590. In the morning, Bitcoin gained a space of 1000, while Ethereum gained a space of 77 points.

From the current market perspective, based on the daily chart, Bitcoin has been in a high-level fluctuation recently. Although there have been multiple attempts to break through, it has not been able to effectively surpass previous highs, indicating significant resistance above. However, the range of 108000 - 108500 has formed some support. As long as this support level holds, there is still a chance for bulls to launch another offensive. In the afternoon trading, we suggest a low-buy strategy for Bitcoin, and if the rebound fails, we can change our strategy.

Monday afternoon strategy:

Buy Bitcoin near 108500, targeting 110000.

Buy Ethereum near 2540, with a target of 2640.