BTC
Yesterday, as expected, it broke through the channel support, falling from the 116500 level to the 112500 area, with weak rebounds. Currently oscillating between 113000 and 114000.
Support: 112500 / 110500 / 106000
Resistance: 114500 / 116000 / 117500
Judgment: The trend remains weak; if the rebound cannot stay above 114500, it will still be treated as a continuation of the downward trend.
ETH
Simultaneously probing the 3430–3450 area, forming a weak double bottom pattern but not yet confirmed.
Support: 3430 / 3380 / 3280
Resistance: 3600 / 3635 / 3720
Judgment: A stop in decline does not equal a reversal; only a breakout with volume above 3635 can be considered as the start of a rebound.
Overall: The channel has been broken, the structure is bearish, and oscillation repair requires signal confirmation; without stabilizing key resistance, do not easily claim a reversal.
