The current stage is quite repetitive, with a final bottom test before the rise. Ethereum is actually okay; it found support around the 2400 level and then rose to 2600, achieving the phase target.
However, Bitcoin has a deeper pullback, forming a structure that breaks down before rising again, and the defense isn't strong, so this short-term BTC trade swept away my profits. Quite a pity 😅
Here, we have a pullback from the top selling area. This route was actually indicated in the early hours of the day before yesterday, barely meeting expectations. But considering it has already tested the bottom, it's quite difficult to drop to 104 or 106 now, unless the data is sparse tonight.
Once it rebounds to the selling area, we will follow the original plan.
Above 109k is resistance, looking down to around 107k.