Bitcoin's afternoon shows a high pullback trend, quickly retreating to around 107188 after rebounding from the low point of 107470 to the high point of 108109. In the afternoon, the cloud deer provided a successful long position for Bitcoin, capturing over 600 points, while Ethereum secured a 30-point gain. Ethereum synchronized in weakness, retreating to around 2446 after rebounding from 2466 to 2499.
The 1-hour chart of Bitcoin forms a evening star bearish pattern, with MACD showing a dead cross at high levels and RSI retreating to 42, indicating increased short-term pullback pressure. Key support below is focused on the psychological level of 107000 and the trend support level of 106500, while resistance above looks at the rebound high of 107800 and the intraday high of 108100; the 4-hour chart of Ethereum shows long upper shadows indicating clear pressure above, with short-term resistance in the range of 2480-2500, and support at the intraday low of 2440 and the trend line at 2420. The current market pullback risk is increasing, so it is crucial to closely monitor the defensive situation of the key support levels of Bitcoin at 107000 and Ethereum at 2440. If these levels are breached, it may accelerate the downward movement, and it is recommended to strictly control position sizes, especially before and after the opening of the US market, as volatility risks may increase.
Bitcoin suggestion: Stabilize long at 106800-107000, stop loss at 106500, target at 107500
Ethereum suggestion: Stabilize long at 2420-2430, stop loss at 2400, target at 2460



