#BTC & ETH From the current market trend, the price of Bitcoin has consistently failed to effectively break through the 109200 USD resistance level, and is currently exhibiting a high-level oscillation pattern within the range of 109200 - 102000 USD. Combining with the long-term Technical Analysis, the overall trend still leans towards short positions.

In this market situation, it is advisable for investors to remain cautious. In the previous June market, every time there was a high price range, it was accompanied by a risk of pullback, while the low price area presented certain rebound opportunities. At the current stage, it is more suitable to adopt a wait-and-see strategy and reduce the frequency of operations. If the price experiences a sharp decline, attention can be paid to rebound opportunities near 106200 USD, but strict stop-loss should be set at 105600 USD. It is worth noting that the range of 102000 - 99000 USD may form a short to medium-term double bottom pattern, which presents a good opportunity for rebound positioning, and investors should focus on related opportunities.