Bitcoin exhibited a high-to-low movement in the afternoon, quickly retracing from a rebound at the low of 107470 to a high of 108109, then consolidating near 107188. During lunch, the cloud signal provided by Yunlu successfully captured over 600 points of profit for Bitcoin longs, while Ethereum captured 30 points. Ethereum weakened in sync, retracing from a rebound at 2466 to 2499, then consolidating near the line of 2446.

The 1-hour chart for Bitcoin formed a bearish Evening Star pattern, with MACD showing a death cross at a high level and RSI retreating 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. The 4-hour chart for Ethereum 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 risk has increased, necessitating close attention to the defense of key support levels at 107000 for Bitcoin and 2440 for Ethereum. A breakdown below these levels could accelerate downward movement, so it is advisable to strictly control positions and be cautious of increased volatility risks around the opening of the US market.

Bitcoin suggestion: Buy at stabilization between 106800-107000 with a stop loss at 106500 and a target of 107500.

Ethereum suggestion: Buy at stabilization between 2420-2430 with a stop loss at 2400 and a target of 2460, 7467, 601, 177.