Sunday Thoughts!

From the current perspective, the Israel-Palestine conflict worsened again last night. The recent situation in the Middle East is turbulent, with significant retracements occurring each time news is announced. The trend continues to decline, and we currently need to pay attention to the drop below the 100800 level. If it breaks, a major cycle retracement will occur. However, if support remains, a rebound may happen, and we should continue to maintain a low bullish stance!

From the four-hour view, we are currently at the lower support level, with the Bollinger Bands extending downward. The four-hour chart shows consecutive bearish candles with a significant break, and there is still the possibility of further probing downwards. We are still focused on the 100000 level; if it does not break, this could be an opportunity for a long-term rebound!

Bitcoin retracement to 100000-100500 with an upward target near 103500-104500.

Ethereum retracement to 2200-2180 with an upward target near 2480-2400.