Good afternoon everyone, Bitcoin, Ethereum, today's market analysis

1: #BTC Bitcoin broke above 116,000 yesterday and reached around 116,700 without continuing to rise. It had a pullback, dipping to around 115,500 before quickly rebounding back above 116,000. Between 3-4 AM, it broke through 116,700, reaching around 117,500 and started a minor pullback. It pulled back to 116,800 and then began to surge again, with the morning's highest point reaching around 117,600. Currently, as long as Bitcoin does not drop below 115,000 during the pullback, it can continue to move upwards, but for low buys, it's essential to find a good position, ideally in the 116,000-115,000 range in batches; entering at too high a position won't yield profits.

Last night during the live broadcast, I told everyone to buy Bitcoin at 116,000 for a very short-term trade, which could have been sold at 116,700 for a profit. For those with a larger perspective, it could be held to 117,200-117,800 for profit. If you haven't sold yet, it has basically reached the target position. Currently, the resistance for Bitcoin during the day is at 117,800 and 118,500, with support at 116,500, 116,000, 115,600, and 115,000.

2: #ETH Ethereum surged to a high of around 3,860 last night and then started a pullback, dipping to 3,777 before rebounding again. In the early morning, it made another wave to a high of 3,925 before starting a small pullback. It pulled back to around 3,880 in the morning and began the next surge, reaching 3,935, just 10 dollars shy of the previous high from a couple of days ago. It just broke above the previous high again, and it looks like it wants to touch 4,000.

Ethereum is currently at a strong resistance level. It needs to break through quickly, as reaching 4,000 or 4,100 will be difficult due to strong resistance. Therefore, most traders will choose to take profits at these levels. However, it's not easy to go short immediately for profit because it just made the upward move. Ethereum's lower highs have been moving up consistently at 3,780, 3,800, 3,850, and 3,880. As long as it doesn't drop below 3,800 during the day, it will have another rebound towards the high points. However, if you want to continue buying low, you need to wait for a pullback; it’s not advisable to chase after it directly. Consider entering during a pullback to 3,800-3,700.

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