$BTC morning price comparison fell from the high of 120082 to the low of 117689 and then moved upward in a volatile manner, reaching a high of 118787 before being pressured down again. Currently, the price has retreated to around the low of 117850 and is consolidating. The large Bitcoin strategy provided in the morning successfully captured nearly 900 points of space. Ethereum is moving in sync with noticeable recovery, rebounding quickly from the morning low of 3311 to the high of 3444, with the Ethereum strategy laid out in the morning successfully gaining nearly 100 points of space.
The technical aspect shows that the area of 117500-117800 has become a key short-term support zone. If it stabilizes, there is hope to test the pressure range of 118500-119000 again; if it falls below the support of 117000, it might further probe the previous low of 116000. Ethereum has a short-term support range at 3380-3400, with the upper range of 3440-3460 acting as short-term resistance. A breakthrough may challenge the psychological barrier of 3500. The overall market is in a technical correction phase, and the short-term direction of Bitcoin and Ethereum will depend on the defensive strength of key support levels. It is important to focus on the strength of support at 117500 and 3380 while also paying attention to the impact of volatility in the US stock market. It is recommended to maintain a flexible operating approach, strictly set stop-losses, and guard against the risk of profit-taking at high levels. The current market is more suitable for short-term swing trading, waiting for clearer directional signals before positioning for mid-term trades.
Bitcoin recommendation: Buy near 117500 with a target of 120000
Ethereum recommendation: Buy near the pullback of 3400-3420 with a target of 3500-3520#以太坊连续两日领涨