$BTC $BTC This evening, the digital asset market shows volatility. After Bitcoin's price reached a peak of $106,100 during the day, it saw a sharp decline to trade in the $104,700 range. At the same time, Ethereum dropped from $2,582 to around $2,517.
Technically, the daily chart shows that momentum has weakened and a negative candlestick pattern has appeared; while short-term charts show signs of a bottom rebound after a contraction in trading volume. The market's pace is generally slowing down, mainly reflected in the range-bound oscillation pattern.
For short-term trading strategies, it is advisable to monitor Bitcoin's support level in the range of $104,500-$104,000, and if it stabilizes, it may rebound towards the $105,700-$106,200 area. As for Ethereum, attention can be given to the support range of $2,508-$2,485, and if it can effectively maintain this level, it is expected to challenge the resistance level of $2,545-$2,565 in the future.
Market sentiment is generally cautious; investors should closely monitor changes in trading volume and key price points, and manage risks reasonably. $BTC $ETH

