Now the trends of $BTC and $ETH are actually at a critical position.

First, looking at BTC: the monthly line has already fallen below the previous low, the direction is bearish, but it has not completely formed a clear downward trend. On the weekly chart, it has been in a continuous three-week decline, dropping to around 107000 where it was supported, but the effect is average because the previous low was still slightly broken. Next, keep an eye on the 107000 position; if it breaks through, the weekly level decline will be truly confirmed, and the next step will be to look at the support at 102500. The good news is that the weekly chart has not completely deteriorated yet, which is somewhat stronger than ETH. If it can break through 114500, it can reverse the previous downward trend in one go.

ETH is not as strong as BTC; it has already declined for two consecutive weeks, and the previous low has also been broken. The current key support is at 4000–4100, and if it breaks through, the bears will be more rampant. The resistance upwards is quite obvious, first stabilizing the short-term previous high of 4420; if these levels cannot be broken, it may continue to drop to 4000–4100. Overall, ETH is currently somewhat weaker than BTC. #Top Quality Content #现货黄金创历史新高