$BTC

Thursday, after BTC reached a high of 110,000, it began a stepwise decline, hitting a low of 106,830; ETH also faced pressure, touching a low of 2,718.

The current market weakness is evident, with bears in control, continuous selling pressure, and weak rebounds. Technical adjustments have turned into a springboard for further declines.

Trading Suggestions:

BTC can go long at the support level of 106,000, targeting 108,500;

ETH can establish long positions around 2,700, aiming for 2,780.