Bitcoin's intraday commentary focuses on the support levels of 107300 and 106300 below. If it stops falling, one can consider going long. If the market pulls back to 107400 and then rebounds, there hasn't been an opportunity to enter a long position! On the upside, pay attention to the resistance levels of 108700, 109700, and 110400 here. This afternoon, if the rebound reaches the 109000 line, there will be an opportunity to enter a short position.

In the hourly chart for Bitcoin, after breaking through the upper resistance, the last candlestick formed an inverted hammer bearish candle. Currently, the price has returned below the upper resistance. The KDJ three lines are about to converge and form a death cross, indicating that the market currently has a demand for pullback. In the 4-hour chart, the upper Bollinger Band is slightly opening upwards. Bitcoin shorts can consider entering positions around 108800-109300, and then consider adding shorts again near 110000, with targets looking down at 107500, 106500, and 105500 here.

In the hourly chart for Ethereum, there is currently no obvious pressure; the price is tightly pushing against the upper band and moving higher. Shorts can consider entering positions in the range of 2580-2600, with the option to add shorts near 2650, targeting down at 2530, 2480, and 2430 here. #币安八周年