11.7
BTC
The large market trend, whether viewed from the weekly or daily perspective, indicates that this wave has not adjusted adequately. It is also difficult to support a significant short-term rise. Therefore, for the intraday view, pay attention to the second bottom test at the four-hour level; if it does not break below 100,000, there is an opportunity for a small rebound. If the rebound does not surpass 106,300, it will again trend downward. Thus, for the short-term intraday outlook, the focus will mainly be on fluctuations, with support at 100,000-97,600-95,000 and resistance at 102,800-104,500-106,300
ETH
Ethereum is similar; the larger trend has not stabilized. In the short term, attention should be paid to the four-hour level. If it does not break below 3,224 in the second bottom test, there is a small opportunity for a rebound. When rebounding, observe whether it can stabilize above 3,680. If it cannot stabilize, the downside risks should still be noted. Intraday, if it does not break 3,224, it will fluctuate between 3,224 and 3,483. Support levels are 3,224-3,025-2,820, and resistance levels are 3,380-3,480
