Daily Crypto Outlook #1
Today, the crypto market shows relatively stable yet cautious sentiment: Bitcoin is trading around US $107,200, supported by the rebound opportunities following the expiry of options worth US $20 billion, and the potential strengthening towards the resistance level around US $110,000; however, the volume is not strong enough to ensure a real breakout. Meanwhile, Ethereum is moving in the range of US $2,424, facing pressure from the wedge pattern and tight resistance at US $2,505, indicating potential short-term correction if it remains below that level
