Monday Evening Thoughts
Currently, the 4-hour level of Bitcoin shows weakened signs of rebound, with resistance around 115500 above and support at 113500 below, while secondary support can be focused around 112000; the 1-hour level exhibits a slow upward trend. However, overall, the resistance above still exists, and the daytime trading is mainly a consolidation phase, with both long and short positions still in a contest. Overall evening trading suggestions focus on shorting during rebounds, with specific operations needing to align with real-time market conditions.
For Bitcoin, rebound around 115000-115500 is expected, with a downward target of around 113500-113000.
For Ethereum, rebound around 3620-3560 is expected, with a downward target of around 3540-3450.