Morning Thought Analysis

Last night, Bitcoin experienced a sharp drop with significant volatility, plunging over 3,000 points from a high of 110,500 to around 107,000. From the US stock market perspective, it also opened lower and continued to decline, showing weak performance.

Today, the weekend market may not have much volatility; it is likely to show a fluctuating upward trend. Bitcoin support is around 107,200, with resistance at approximately 108,500. Ethereum support is around 2,485, with resistance at about 2,590. The intraday volatility is not significant, making it suitable for alternating high shorts and low longs!