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BTC: Last night, there were frequent positive news, but the price of Bitcoin has not managed to break and stabilize above 107,000. There is still a risk of further pullbacks in the short term. From the hourly K-line perspective, after failing to break the downward trend line resistance last night, it is still oscillating around 105,500. The smaller time frame is still in an upward trend, with short-term support around 104,500.
ETh: Recently, funds have been flowing into Ethereum, leading to a relatively strong price movement. The smaller time frame is in a central oscillation, with strong support at 2,580 below, while the selling pressure area remains around 2,680-2,700 above.
For more explanations, please patiently watch the video. If you have any questions, you can follow the public account: Ding Junxian.
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