After a rapid rise to $110,000 yesterday, Bitcoin has quickly fallen back, currently reported at $108,000. The 4-hour chart shows that the price has formed a double top pattern near $109,800, with the MACD red bars expanding and the fast and slow lines crossing downwards, indicating increased short-term correction pressure. Key resistance remains in the $110,000-$111,500 range, where a large amount of previous trapped positions and profit selling pressure are concentrated. Below, support needs to be focused on $106,500 (30-day moving average) and the psychological level of $105,000. If it breaks down, it may accelerate towards the strong support area of $103,000. $BTC

Ethereum is currently reported at $2,755, showing relatively strong resistance to declines. The hourly chart presents an upward channel with rising highs and lows, but the daily chart encountered resistance and fell back at the previous high of $2,880, forming a long upper shadow. Notably, the ETH/BTC exchange rate has risen to 0.0255, with initial signs of capital rotation; if it breaks through 0.026, it will confirm the momentum for a supplementary rise. $ETH