$BTC $BTC

Bitcoin is the Bitcoin currency and its dominance over the global cryptocurrency market as a whole.

The market experienced severe fluctuations yesterday; caution is required due to the sharp decline resulting from liquidity depletion. If BTC loses the level of 102,000, it may lead to pressure from bullish speculators.

Bitcoin: The support level on the four-hour chart is 103400, and the resistance level is 105600, but it broke downward this morning. The MACD is stable near the zero axis, indicating a lack of momentum; and the Bollinger Bands continue to contract, leading to a drop in volatility to a minimum.

Support: 102000, 10600, Resistance: 104950, 105800

Ethereum: The level of 2455 was sharply breached, and the resistance level dropped to 2580; the expansion of the Bollinger Band indicates an increase in volatility.

Support: 2380, 2235, Resistance: 2500, 2530

After the significant decline, today witnessed overall fluctuations and corrections, but the range will not be large; watch out for resistance levels. Bitcoin: 104500, Ethereum: 2500