Today's Market Analysis
$BTC Bitcoin fell all day yesterday, only starting to rebound at the bottom support of 103371, and rebounded all the way to 105337 before starting to pull back. This indicates that the main pressure currently lies at 105337. Looking at the one-hour chart, if it cannot hold the 105100 level today, it will continue to pull back. Pay attention to the strong support below at 103371! If it stabilizes, we will look at the current weekly horizontal pressure at 105800 and 106600! It is important to note that if it cannot break through the weekly pressure level, then each high is just the market maker's opportunity to sell! Now is not the best time to catch the bottom!
$ETH Ethereum has been quite strong these past few days. After breaking the weekly second support level of 2451 from a high of 2680, it started to rebound to 2541 and then began to pull back. Currently, it is consolidating around 2420. Looking at the one-hour chart, if it cannot hold the position at 2533 today, it will continue to pull back, with support below at 2465 and 2433! The pressure above is at 2565 and 2590! If Ethereum pulls back and breaks the previous low, it will test the bottom at 2200! Only by breaking the previous low can Ethereum challenge 3000!
Daily focus: SPK ALT GPS
