Today's price fluctuates between 107,500 and 108,000, showing a fierce battle between bulls and bears. A breakthrough of the key resistance level at 109,000 may lead to further increases; otherwise, a pullback is likely. Technical indicators show that bulls still have the upper hand, but there is a need for short-term adjustments, with overbought signals present. On the daily chart, the coin price has achieved three consecutive daily gains and reached a new closing high, but there is a need for short-term technical adjustments after market momentum is released. The four-hour chart indicates that the Bollinger Bands are shifting upward, and a MACD golden cross has formed, but momentum is weakening.
Bitcoin is receiving support in the range of 107,500-108,000, with a focus on around 106,000.
Ethereum is receiving support in the range of 2,480-2,500, with a focus on around 2,380.