Bitcoin continues to fluctuate downwards, from the four-hour level, Bitcoin once strongly broke through the $106,000 line.

In the short term, the upper resistance for Bitcoin is at $109,000, which is the first strong resistance, while the second resistance is at $110,000.

From the daily level, Bitcoin closed with a small bearish candle yesterday, breaking through the $106,000 line. Pay close attention to the strong resistance at the upper level of $109,000 for Bitcoin on the daily chart.

On the downside, closely monitor the important support range of Bitcoin at $102,000—$100,000.

As long as Bitcoin does not strongly break through the $96,000 line at the daily level, the bullish trend of Bitcoin will still operate within a relatively strong trend range.

Ethereum's attempt to break the $2,800 bull-bear boundary failed and encountered resistance, pulling back. At the four-hour level, Ethereum once broke through the $2,600 line. The daily level for Ethereum closed with a small bearish candle, but the daily level for Ethereum did not experience a significant downward break.

On the downside, closely monitor the first support at the Ethereum daily level, which is $2,500—$2,450.

Additionally, pay close attention to the second support at the Ethereum daily level at the $2,300 line.

Ethereum is about to close the monthly candle. As long as Ethereum can firmly close above $2,550 at the monthly level, then the bullish momentum for Ethereum will further strengthen, and it will again attempt to challenge the strong resistance at the $2,800 bull-bear boundary.