Bitcoin once again breaks the $100,000 mark. Last night, Bitcoin pulled back from around $99,500 to about $97,300, then rebounded after midnight to around $100,600, and is currently fluctuating around $99,700.

From the current four-hour structure, Bitcoin is showing a contraction in volume. The upper level to watch is around $102,000, and the lower level is around $97,500. From the one-hour structure, Bitcoin bulls are also showing a contraction in volume. The upper level to watch is around $100,600, and the lower level is around $99,400, with a secondary level to watch at around $98,200.

In the morning, I personally believe:

Bitcoin around $100,000-$100,300 is under pressure, so look towards $98,200-$98,600.

Ethereum around $3,315-$3,340 is under pressure, so look towards $3,260-$3,220.

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