Bitcoin showed a high and then a drop in the afternoon, quickly retreating to around 107188 after rebounding from a low of 107470 to a high of 108109. In the afternoon, the Cloud Deer provided a successful long position for Bitcoin, securing over 600 points of profit, while Ethereum captured 30 points of profit. Ethereum weakened simultaneously, rebounding from 2466 to 2499 before retreating to around 2446 for consolidation.

The 1-hour chart for Bitcoin formed a bearish evening star pattern, with the MACD showing a death cross at a high level and the RSI dropping to 42, indicating increased short-term pullback pressure. Key support to watch below is the psychological level of 107000 and the trend support level of 106500, while resistance above is seen at the rebound high of 107800 and the intraday high of 108100; Ethereum's 4-hour chart shows a long upper shadow indicating significant pressure above, with short-term resistance in the 2480-2500 range, and support at the intraday low of 2440 and the trend line at 2420. Current market pullback risks have increased, and it is crucial to monitor the defense of key support levels at 107000 for Bitcoin and 2440 for Ethereum; if breached, it may accelerate the downward movement, and it is recommended to strictly control positions. Be cautious of increased volatility risk around the opening of the U.S. market.

Bitcoin recommendation: Stabilize and go long at 106800-107000, stop loss at 106500, target 107500

Ethereum recommendation: Stabilize and go long at 2420-2430, stop loss at 2400, target 2460.