$BTC Bitcoin has been fluctuating around 121000 in the evening without stabilizing. After a sudden attack from bears, it dropped sharply by over 3500 points, reaching a low of 117561. It then entered a wide range of fluctuations and is currently consolidating around 118200. In the short term, support is formed at the 117500 level, while the 120000-121000 range serves as key resistance. The bears are dominant, but there is demand for recovery after the sharp decline. Ethereum has pulled back from around 4730, hitting a low of 4452, rebounding to a high of 4702 before falling back to around 4620. The 4450 level is an important support, and there is significant selling pressure from bears in the 4700-4730 range. Overall, both are following Bitcoin's weakness, and the rebound momentum is insufficient. In summary, the current market is dominated by bears, and both are in a phase of fluctuating adjustment. Pay attention to key support defense and resistance breakthroughs, and treat it with a range fluctuation mindset. #BTC再创新高 $ETH