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BTC: The short-term support for Bitcoin is around 118,000, after which the price has started a minor rebound. It was emphasized yesterday that as long as the daily level does not break below the strong support area of 116,000, the bullish upward trend remains intact. Today, pay attention to the minor resistance area around 121,000-121,500 above, and the strong support area at 118,000 below.
ETH: Currently, it has entered a very strong one-sided upward trend, and it is still in the fifth wave of the rebound, which means there is still a high point to come. As long as it does not effectively break below 4,550 today, it is highly likely to rebound further, with attention to the resistance area around 4,670-4,700 today.
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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