Bitcoin showed a high and low trend in the afternoon, quickly retreating to around 107188 after rebounding from a low of 107470 to a high of 108109. In the afternoon, Yunlu provided a successful long position in Bitcoin, securing a profit of over 600 points, while Ethereum netted 30 points. Ethereum also weakened, retreating to around 2446 after rebounding from 2466 to 2499.
The 1-hour chart of Bitcoin forms a bearish evening star pattern, with a MACD dead cross at high levels and RSI dropping to 42, indicating increased short-term correction 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 a long upper shadow indicating significant 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. Currently, market correction risks are increasing, and it is crucial to pay close attention to the defensive situation of Bitcoin at 107000 and Ethereum at 2440 key support levels. If broken, it may accelerate downward, and it is recommended to strictly control positions, especially before and after the opening of the U.S. market, to be vigilant against increased volatility risks.
Bitcoin suggestion: Buy on stabilization at 106800-107000, stop loss at 106500, target at 107500.
Ethereum suggestion: Buy on stabilization at 2420-2430, stop loss at 2400, target at 2460-#币安钱包TGE .


