The daily trend of Bitcoin is strong, although there is significant resistance near the previous high of $110,000. However, if the daily chart can maintain a high-level adjustment, the probability of a continued upward breakout is quite high. But it's important to be aware of the risks of short-term fluctuations!
Ethereum is in a 'descending flag or high-level fluctuation' adjustment after an upward movement on the 4-hour chart. A descending flag is generally seen as a continuation price action! Although the ETH daily chart shows signs of resistance and pullback near 2750, there is valid daily support around 2340, and strong buying activity is emerging. If the daily chart can maintain an adjustment above 2340, the probability of further upward movement in the market is high, and 3000 is just around the corner! #BTC #ETH