$BTC Bitcoin showed an upward trend in the morning. The price rebounded from the low point of 119027 to the high point of 120773, then fell back to around 119700 for consolidation. After the price stabilized, it rebounded again and touched the high point of 120820. At present, the price fell back to around 119700 for consolidation. Ethereum performed significantly better than Bitcoin. It started a strong rebound from 3452 in the morning, reaching a high of 3673 before falling back to 3625 for consolidation.

Technically, 119000-119500 constitutes a key support zone, and 120800-121000 is a short-term resistance zone. After breaking through, it will open up to 122000. We accurately captured 2440 points of profit in two waves of long orders in the morning. Ethereum formed a solid support in the 3570-3600 area, and 3670-3700 is a key breakthrough point. The coordination of volume and price shows that the bulls have sufficient momentum. We made a profit of 220 points in two waves of long orders in the morning, and we need to pay close attention to the continuous inflow of funds. The current market as a whole maintains a fluctuating bullish trend. Bitcoin needs to break through 121,000 to confirm a new round of gains, while Ethereum is leading the gains. We need to be alert to the volatility risks that may be caused by the opening of the US stock market and macro data. If Bitcoin loses 119,000 or Ethereum falls below the support of 3,570, we need to be alert to the risk of short-term correction. Before the key resistance is broken, it is recommended to maintain flexible position management to avoid excessive chasing ups and downs.

Bitcoin suggestion: Continue to arrange long orders in the range of 119,000-119,500, set the stop loss below 118,800, and target 120,800-121,000. If it breaks through 121,000 effectively, you can increase your position

Ethereum suggestion: Long around 3580-3600, stop loss below 3570, target 3670-3700. If it breaks through the 3700 mark, it can look to the 3800 pressure level #币安HODLer空投C