Today we turn the tide, watching the waves recede.
In the early morning, there was no breakthrough of the upper resistance level of 110600-110700, and after reaching near 110400, it began to pull back to oscillate around the 109600 range. Currently, the 4-hour BOLL is positioned below the middle line, so yesterday's support level of 108500 has alternated to become a resistance level. Recently, the market has been influenced by news, with back-and-forth fluctuations between long and short positions. On the daily level, the support below is at 105900; as long as it doesn't break, we can still expect an upward oscillation range.
BTC trading suggestion: Short at 108400-108800, with a stop loss of 800 points, target 107000, if broken, look for the area around 106000.
ETH trading suggestion: Short near 2794, with a stop loss of 40 points, target 2739, if broken, look for 2716-2697.
