Evening Market Analysis
$BTC Bitcoin rose slightly to 105541 today before beginning to decline, continuing until 194478 where a downward trend started to appear. Analyzing the hourly chart, current support is at 104100. As long as the stock opens without falling below this level, Bitcoin will still rebound upwards, with resistance above at 105500! If it falls below, we will look towards the second key support at 103370!
Still the same saying: if Bitcoin's key support is broken, then every high is just for selling off, preparing for the next new high! It’s not time to bottom out yet!
$ETH Ethereum has not walked out a one-sided market either, rising to near resistance before starting to pull back. From the hourly chart, current support is at 2475. As long as the U.S. stock market opens without falling below this level, it will still rebound upwards, with resistance above at 2450!
In the evening, focus on high positions! It is recommended to enter on the right side after the trend emerges!
