A Market Point Sharing BTC and ETH

Good afternoon, the current market is continuously fluctuating below the support level of 103000, which is temporarily effective but not enough for a bull return. Pay attention to the daily level of 106500; once this is reclaimed, it will continue to test the upper highs. The larger timeframe still looks bearish because the weekly chart needs a pullback, so we must patiently wait for the right position! Don't rush.

Back to the market, currently, Bitcoin is forming support around 104500. If it does not break below this level in the four-hour chart, pay attention to the upper resistance levels of 106500-107700-108500 for gradual short entries. If it breaks below 104500, it will continue to test the levels of 103000-102000-100500.

$BTC

Then there is Ethereum.

Currently, it is at a support level of 2480, which has been effective multiple times, and it may not go down for now. If it does not break this level in the four-hour chart, it will continue to test the levels of 2550-2580-2625! If it breaks below 2480, look for a rebound around the lower levels of 2435-2380-2350.

$ETH

In terms of intra day operations,

You can pay attention to Bitcoin at the levels of 106500-107700-108500 for gradual entries with a stop loss at 109666.

For Ethereum, focus on the levels of 2550-2580-2625 for gradual short entries.

Position size is 1% at each level.

Still the same message: the larger timeframe looks bearish; I will not easily enter unless we reach the positions. It is definitely a conservative layout for short entries!

Only sharing, no trading calls, and no investment advice provided!