Notification
Bitcoin has had two consecutive days of closing prices above 108500.
Ethereum has had two consecutive days of closing prices above 2500.
These are key levels for Bitcoin and Ethereum. The daily chart is stable. It is an effective breakout.
Support and resistance are interchangeable.
Around the 110,000 round number for Bitcoin, there is some pressure. However, it shouldn't be significant. Round numbers mostly represent psychological pressure.
The NASDAQ in the US stock market has reached a new high again. It's still too authoritative. Moreover, it has broken through 20500 points. The US stock market is closed today.
Today is Friday, and with the weekend ahead, there is no influence from the US stock market. It is expected that Bitcoin and Ethereum will experience a rebound.
In summary! Bitcoin and Ethereum currently have an effective breakout. Bullish outlook. The US stock market will be closed for three days. The expectation for a rebound in Bitcoin and Ethereum is very high.