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Recently, the cryptocurrency market has seen a significant rise, reportedly related to ceasefire news. However, for investors, the real reasons behind the market are not the most important; the key is how to seize opportunities for profit.



In terms of Bitcoin, the recent trend has been strong, with prices breaking through the 100,000 USD mark. For those investors who missed the previous low points, entering the market now may require more caution. Currently, Bitcoin is in a small-scale top consolidation phase, and investors should closely monitor key resistance levels around 106,500, 108,900, and 110,000 USD. Investors holding long positions from the bottom may consider gradually reducing their positions at these levels.

Ethereum has also performed well, reaching a high of $2440. If it breaks through $2445, the next targets may be $2545, $2600, or even $2670. Similarly, near these key resistance levels, investors holding long positions may consider taking some profits.

Looking at today's market, the key support level for Bitcoin is around $104,420. As long as it does not break below this level, the upward trend is expected to continue, and investors can pay attention to resistance levels above such as $106,045, $107,745, and $108,900. However, if it breaks below $104,420, it may trigger a 1-hour level pullback, at which point support around $103,275 and $102,000 needs to be monitored.

Overall, the current market shows strong upward momentum, but investors should remain vigilant and closely monitor key price levels, adjusting their position strategies as needed. Regardless of how the market changes, rational analysis and risk management are always key to successful investing.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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SelfStakingvip
· 10h ago
Short-term surge, it's time to reduce position.
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SigmaBrainvip
· 10h ago
Is this little rise even worthy of being called To da moon?
Reply0
GasWastervip
· 20h ago
Short-term monsters are just sending money to market makers.
Reply0
ApeWithAPlanvip
· 06-24 05:42
The blood-licking blade is back.
Reply0
EthSandwichHerovip
· 06-24 05:39
It's that good time of the year to harvest again!
Reply0
BearMarketMonkvip
· 06-24 05:34
One hundred thousand dollars? All in!
Reply0
MelonFieldvip
· 06-24 05:23
I've been Tied Up at the bottom for a long time.
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