BTC couldn't hold and closed below the 110.4k-111.9k zone. As mentioned earlier, once it failed to hold the zone, we may see BTC at lower levels. Now the lower and possible bounce levels are 107k-105k and at most 101k-99k. To be back in bull mode, it must reclaim the 110.4k-111.9k zone.
So far, nothing changes in ETH scenarios. It's still above the weekly support zone of 3.9k-4.1k. As long as it holds the zone, we are still expecting a new ATH from here. But once it closes below the 3.8k level, the bias may change to bearish. 3.9k-4.1k zone 👀
So far, BTC is holding the zone of 110.4k-111.9k well. As mentioned earlier, until it sustains above the zone, we are still expecting a move towards the ATH zone. The bias is invalid when it closes below the zone. If it closes below the zone then we may see it at lower levels.
ETH currently trading above the weekly demand zone of 3.9k-4.1k. As long as the zone holds, we are still expecting a new ATH from this zone. This bias is valid until it holds the zone.