$BTC The closing level must be maintained above 107,060-107,074 for a rebound
And ETH must close above 2730 for a rebound
Currently observing support returning on H4 at the 106,600 zone, which has shown buying power. However, it is still not guaranteed that it won't retest 107,000 again
It will continue to go down if it breaks below 106,100
The trend is not clear at the support zone.
If a rebound occurs, the target will be 109,268 or 110,200
The downward target is 105,900, set a stop loss if holding a short-term long position.
Observe the next 1-hour candle to see if momentum increases strongly; if so, continue, otherwise it is advisable to take profits on long positions.
Note that the levels mentioned are breakdown levels and upward levels confirmed by the daily candle close within 24 hours.